Search

Displaying 1 - 11 of 11

Lesson

Use of two sample subprojects at the appraisal stage is insufficient to make a reasoned assessment of the economic viability of a project of this size. A broader range of ULBs would have indicated the economic viability, sustainability, and the reform measure needed to ensure the success of the project.

Project Number: 38254-043

Project Name: MFF - North Karnataka Urban Sector Investment Program - Tranche 2

Report Date: 16 Nov 2022

Lesson

Midterm review is a key opportunity for course correction and review of the project design. This opportunity was not fully exploited and design flaws in the DMF remained until the project completion. T

Project Number: 38254-043

Project Name: MFF - North Karnataka Urban Sector Investment Program - Tranche 2

Report Date: 16 Nov 2022

Lesson

The report and recommendation of the President (RRP) had indicated that 13 of the 25 urban local bodies (ULBs) demonstrated that their municipal cash flows would be sufficient to meet the additional expenditures resulting from the investment program and that the other 12 should propose a financial improvement action plan for sustaining the subprojects. No such action plans were developed. Had these actions plans been developed before subproject approvals, the sustainability of the subprojects would likely have improve

Project Number: 38254-043

Project Name: MFF - North Karnataka Urban Sector Investment Program - Tranche 2

Report Date: 16 Nov 2022

Lesson

Extending physical completion of works beyond the financial closing of the loan, diminishes ADB’s ability to rigorously monitor and track project progress, safeguards, and technical due diligence.

Project Number: 38254-043

Project Name: MFF - North Karnataka Urban Sector Investment Program - Tranche 2

Report Date: 16 Nov 2022

Lesson

Adequate due diligence at project preparation can help prevent or minimize contract variations and implementation delays.

Project Number: 38254-043