O FFICIAL DO CUM ENTS

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1 Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized The World Bank 1818 H Street N.W. (202) INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Washington, D.C Cable Address: INTBAFRAD INTERNATIONAL DEVELOPMENT ASSOCIATION U.S.A. Cable Address: INDEVAS Mr. Chen Shixin Director-General International Economic and Financial Cooperation Department Ministry of Finance Beijing, China O FFICIAL DO CUM ENTS July 11, 2018 Re: IBRD Loan 8849-CN (China: Jiangxi Integrated Rural and Urban Water Supply and Wastewater Management Project) Additional Instructions: Disbursement and Financial Information Letter (DFIL). Dear Mr. Chen: I refer to the Loan Agreement between the People's Republic of China (the "Borrower") and the International Bank for Reconstruction and Development (the "Bank") for the above-referenced project, dated July 11, The General Conditions, as defined in the Loan Agreement, provide that the Bank may issue additional instructions regarding the withdrawal of the proceeds of Loan 8849-CN ("Loan"), and specify certain financial management reporting and audit requirements. This letter ("Disbursement and Financial Information Letter" or "DFIL"), as revised from time to time, constitutes such additional instructions. The Disbursement Guidelines for Investment Project Financing dated February 2017, ("Disbursement Guidelines") are available in the Bank's public website at and its secure website "Client Connection" at The Disbursement Guidelines are an integral part of this Disbursement and Financial Information Letter, and the manner in which the provisions in the guidelines apply to the Loan is specified below. 1. Disbursement Arrangements, Withdrawal and Reporting of Loan Proceeds. (i) Disbursement Arrangements: * Instructions (Schedule 1). The table provides the disbursement methods, and conditions, information on registration of authorized signatures, processing of withdrawal applications (including minimum value of applications and processing of advances), instructions on supporting documentation, and frequency of reporting on the Designated Account. * Minimum Value of Applications (subsection 3.5). The Minimum Value of Applications for Reimbursement, Direct Payment and Special Commitment is USD4,000,000 equivalent. * Disbursement Deadline Date, DDD (subsection 3.7). The DDD is four (4) months after the Closing Date. Any changes to this date will be notified by the Bank. (ii) Electronic Delivery. Refer to section (c) of the General Conditions: * The Bank may permit the Borrower to electronically deliver applications (with supporting documents) through the Bank's web-based portal ( "Client Connection". This option may be effected if: (a) the Borrower has designated in writing, its officials who are authorized to sign and deliver Applications and to receive Secure Identification Credentials ("SIDC") from the Bank for the purpose of delivering such Applications by electronic means; and

2 (b) all such officials designated by the Borrower have registered as users of "Client Connection". The designated officials may deliver Applications electronically by completing the Form 2380, which is accessible through "Client Connection". The Borrower may continue to exercise the option of preparing and delivering Applications in paper form. The Bank reserves the right and may, in its sole discretion, temporarily or permanently disallow the electronic delivery of Applications by the Borrower. By designating officials to use SIDC and by choosing to deliver the Applications electronically, the Borrower confirms through the authorized signatory letter its agreement to: (a) abide by the Terms and Conditions of Use of Secure Identification Credentials in connection with Use of Electronic Means to Process Applications and Supporting Documentation, available in the Bank's public website at and "Client Connection"; and (b) to cause such official to abide by those terms and conditions. II. Financial Reports and Audits. (i) Financial Reports. The Borrower shall cause the Project Implementing Entity to prepare and furnish to the Bank not later than sixty (60) days after the end of each calendar semester, interim unaudited financial reports (IFR) for the Project covering the semester. (ii) Audits. Each audit of the Financial Statements shall cover the period of one fiscal year of the Borrower, commencing with the fiscal year in which the first withdrawal was made. The audited Financial Statements for each such period shall be furnished to the Bank not later than six (6) months after the end of such period. III. Other Important Information For additional information on disbursement arrangements, please refer to the Loan Handbook available on the Bank's public website and "Client Connection". The Bank recommends that you register as a user of "Client Connection". From this website you will be able to prepare and deliver Applications. monitor the near real-time status of the Loan, and retrieve related policy, financial, and procurement information. For more information about the website and registration arrangements, please contact the Bank by at clientconnection@taworldbank.org. If you have any queries in relation to the above, please contact Zhuo Yu, Finance Officer at zyu@worldbank.org, with copy to WFALN Beijing@worldbank.org using the above reference. Yours sincerely Bert Hofm Country Director, China East Asia and Pacific Region 2

3 Attachments 1. Form of Authorized Signatory Letter 2. Statement of Expenditure (SOE) 3. Designated Account Reconciliation Statement 3

4 Country Schedule I Disbursement Arrangements Basic Information P.R.China Loan Number [Borrower] [Beneficiary] MOF Name of the Project Jiangxi Integrated Rural and Urban Water Supply and ) Wastewater Management Project Disbursement Methods, and Supporting Documentation Disbursement Methods Methods Available Supporting Documentation Section 2 (**) Subsections 4.3 and 4.4 (**) Direct Payment Yes Copy of Records Reimbursement Yes Statement of Expenditure (Attachment 2) Designated Account: Yes Statement of Expenditure (Attachment 2) DA reconciliation statement (Attachment 3) with applicable bank statement for Designated Account Special Commitments Yes Copy of Letter of Credit Designated Account (Section 5 and 6 Type Segregated Ceiling Fixed Financial Institution - Name A commercial bank or financial institution acceptable to the Bank Currency USD Frequency of Reporting, Monthly Amount 20,000,000 Subsection 6.3 (**) Authorized Signatures (Subsection 3.1 and 3.2 **) The form for Authorized Signatories Letter is provided in Attachment 1 of this letter Withdrawal and Documentation Applications (Subsection 3.3 and 3.4 **} The World Bank Office Level 16, China World Tower 2 No. 1 Jianguomenwai Avenue Beijing, China Attention: Disbursement Team Additional [information][instructions] A new segregated Designated Account for this project will be established and managed by Jiangxi Provincial Finance Department. Other ** Sections and subsections indicated relate to the Disbursement Guidelines for Investment Project Financing dated February

5 Attachment I - Form of Authorized Signatory Letter The World Bank Office Level 16, China World Tower 2 No. 1 Jianguomenwai Avenue Beijing, China [Letterhead] Ministry of Finance [Street address] [City] [Country] [DATE] Attention: Mr. Bert Hofman, Country Director, China Re: Loan No CN (Jiangxi Integrated Rural and Urban Water Supply and Wastewater Management Project) I refer to the Loan Agreement ("Agreement") between the International Bank for Reconstruction and Development (the "Bank") and the Peoples Republic of China (the "Borrower"), dated, providing the above Loan. For the purposes of Section 2.02 of the General Conditions as defined in the Agreement, any '[one] of the persons whose authenticated specimen signatures appear below is authorized on behalf of the Borrower to sign applications for withdrawal [and applications for a special commitment] under this Loan. For the purpose of delivering Applications to the Bank, 2[each] of the persons whose authenticated specimen signatures appears below is authorized on behalf of the Borrower, acting 3[individually] 4[jointly], to deliver Applications, and evidence in support thereof on the terms and conditions specified by the Bank. 5[This confirms that the Borrower is authorizing such persons to accept Secure Identification Credentials (SIDC) and to deliver the Applications and supporting documents to ' Instruction to the Borrower: Stipulate if more than one person needs to sign Applications, and how many or which positions, and if any thresholds apply. Please delete this footnote in final letter that is sent to the Bank 2 Instruction to the Borrower: Stipulate if more than one person needs to jointly sign Applications, if so, please indicate the actual number. Please delete this footnote in final letter that is sent to the Bank Instruction to the Borrower: Use this bracket if any one of the authorized persons may sign; if this is not applicable, please delete. Please delete this footnote in final letter that is sent to the Bank. Instruction to the Borrower: Use this bracket only if several individuals must jointly sign each Application; if this is not applicable, please delete. Please delete this footnote in final letter that is sent to the Bank. Instruction to the Borrower: Add this paragraph if the Borrower wishes to authorize the listed persons to accept Secure Identification Credentials and to deliver Applications by electronic means; if this is not applicable, please delete the paragraph. Please delete this footnote in final letter that is sent to the Bank. 5

6 the Bank by electronic means. In full recognition that the Bank shall rely upon such representations and warranties, including without limitation, the representations and warranties contained in the Terms and Conditions of Use of Secure Identification Credentials in connection with Use of Electronic Means to Process Applications and Supporting Documentation ("Terms and Conditions of Use of SIDC"), the Borrower represents and warrants to the Bank that it will cause such persons to abide by those terms and conditions.] This Authorization replaces and supersedes any Authorization currently in the Bank records with respect to this Agreement. [Name], [position] [Name], [position] [Name], [position] Specimen Signature: Specimen Signature: Specimen Signature: Yours truly, / signed / [Position] 6

7 Attachment 2 - Statement of Expenditures IBRD- International Bank for Reconstruction and Development Statement of Expenditures Financier Payment made dur ng the per od 'rom to Loan/Credit/Grant # Application # -he 'c o., ng e,pend tures have been ncurred dur ng the retroact vt ' nanc ng per od ip ease t ki Ives ij Category # -he 'c ow ng epend tures have been ncurred be'ore the c as ng date o' the can/cred t1grant tp ease t ck [es No r Page # ONLY for the Designated Account Contract # Contract currency Total amount of Amount hem Supplier's Name Brief Descnption of the teview C.en and amount (onginal Invoice Date of invoe covered D Financed by Eligible Exchange W ate of Withdrawn from No expenditure Contract? Carsa.-ect;as p amrendment) number payment by Application %Fnceby Eibl ExhneWithdrawal from or P,or (,ne of retenton) the Designated the Designated (YES or NOJ Reeve Account A contracts) (Col 9 X 10} (Col 11 12) Suppct ng documents or th s SOE are reta,ned at TOTAL 0.00 (nsert locot.o, Asepa,ate larm shou d be used 'or each category 7

8 Attachment 3 DESIGNATED ACCOUNT RECONCILIATION STATEMENT LOAN/CREDIT/GRANT/PPF/COFINANCIER NUMBER ACCOUNT NUMBER WITH (BANK) I TOTAl, ADVANCED BY WORLD BANK (OR COFINANCIER) $ 2 LESS: TOTAL AMOUNT RECOVERED BY WORLD BANK - $ 3. EQUALS PRESENT OUTSTANDING AMOUNT ADVANCED TO THE SPECIAL ACCOUNT (NUMBER I LESS NUMBER 2) = $ 4. BALANCE OF SPECIAL ACCOUNT PER ATTACHED BANK STATEMENT AS OF DATE $ 5. PLUS: TOTAL AMOUNT CLAIMED IN THIS APPLICATION NO. + $ * * 6. PLUS: F'OTAL AMOUNT WITHDRAWN AND NOT YET CLAIMED REASON: + $ 7. PLUS: AMOUNTS CLAIMED IN PREVIOUS APPLICATIONS NOT YET CREDITED AT DATE OF BANK STATEMENTS APPLICATION NO. AMOUNT * SUBTOTAL OF PREVIOUS APPLICATIONS NOT YET CREDITED + $ 8. MINUS: INTEREST EARNED - $ * 9. TOTAL ADVANCE ACCOUNTED FOR (NO. 4 THROUGH NO. 9) = $ 10. EXPLANATION OF ANY DIFFERENCE BETWEEN THE TOTALS APPEARING ON LINES 3 AND 9: 11. DATE: SIGNATURE: TITLE: 8