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Lesson
Accurate cost estimates, including for contingencies, and effective utilization of loan savings are critical to the attainment of intended project results and timely financial closing. The actual contract price was lower than the amount estimated because of the inaccuracy of the engineering cost estimate and contingency estimates. Cost savings, however, were effectively utilized through minor changes in the project, further enhancing the achievement of project outcomes and outputs. Eligible expenses should be clarified early on, so as not to delay the project financial closing.

Project Number: 47047-002
Project Name: Shandong Groundwater Protection Project
Report Date:
Lesson
The average size of 35 participants and duration of 2-3 days is appropriate while larger DMCs with large number of participants may have longer duration. With the momentum in 2023-2024 of the multilateral development banks forum for disbursement harmonization, cofinancing and related collaborations, and its impact on DMC capacity building and efficiency improvements, the scope of the TA needs to be expanded. Due to inflation, future TA size is expected to go beyond small-scale technical assistance of $225,000.

Project Number: 46534-004
Project Name: Disbursement Capacity Building for Developing Member Countries
Report Date:
Lesson
Climate risk assessments must be undertaken during project preparation, with results factored into the project design and budgets. The project experienced unforeseen landslides, pointing out the need to (i) improve climate modelling at design stage to incorporate potential climate change impacts on frequency and severity of landslide hazards for projects located in mountainous areas, and (ii) ensure adequate budget or contingency for potential increase of land acquisition during implementation.

Project Number: 46042-002
Project Name: Shaanxi Mountain Road Safety Demonstration Project
Report Date: