Public Disclosure Authorized Public Disclosure Authorized The World Bank Implementation Status & Results Serbia Transport Rehabilitation Project (Serbia) (P075207) Operation Name: Transport Rehabilitation Project (Serbia) (P075207) Project Stage: Implementation Seq.: 16 Status: ARCHIVED Last Modified : Country: Serbia Approval FY: 2004 Product Line: IBRD/IDA Region: EUROPE AND CENTRAL ASIA Lending Instrument: Specific Investment Loan Implementing Agency(ies): Public Enterprise Putevi Srbije Key s Board Approval 25-May-2004 Original Closing 31-Dec-2008 Planned Mid Term Review 15-v-2006 Last Archived ISR 03-May-2010 Effectiveness 07-Sep-2004 Revised Closing Actual Mid Term Review 15-v-2007 Project Development Objectives Project Development Objective (from Project Appraisal Document) Improve the effectiveness of SRD policies for road maintenance and rehabilitation through (i) the introduction of new contracting arrangements with the private sector in two pilot districts; and (ii) enhance the sustainability of the use of network analysis in the selection of road rehabilitation segments. Has the Project Development Objective been changed since Board Approval of the Project? Component(s) losure Authorized Public Disclosure Authorized Component Name Component Cost 1. Performance Based Road Maintenance 6.41 2. Road Rehabilitation and Safety Improvements 48.59 3. Goods, Consulting Services, Operating Costs and Training 3.30 Overall Ratings Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Satisfactory Overall Risk Rating Implementation Status Overview The implementation of the Transport Rehabilitation Project has continued the very good progress first noted in the last mission in April 2010 and is expected to fully meet its Project Development Objective. There has been good progress in all areas: all eight ofthe rehabilitation contracts are now signed and works ongoing, and one of the four smaller contracts to address accident black spots on the network. The other three contracts for black spot alleviation are being left until the safe road design consultant, whose draft contract will be submitted to the Bank shortly, has reviewed the designs. Page 1 of 5
Whilst the disbursements under the project remain on the low side, they are expected to increase markedly in the short term. Disbursements as of vember 15, 2010 amounted to 53.4 percent (US$59.11 million) of the total loan and credit funds within the project. However, this figure is expected to rise markedly through the remainder of 2010, as construction continues, and is projected to reach 17 percent for the period July to end December 2010, and 60 percent by the end of June 30, 2011 Results Project Development Objective Indicators Defined reduction in vehicle operating costs (in %) for road users by car, on priority sections 01-Oct-2004 12.60 442.4 is average value of VOCs on 386.1 is average of VOCs on all all IDA financed sections IDA financed sections after works have been completed 15.00 Satisfactory piloting of output and performance based contracts in the two pilot regions. Custom Indicator / 01-Oct-2004 experience with OPMBC approach Pilots projects have been successful. Number of road traffic accidents reduced by 5 percentage points on project sections PEPS now has the baseline data - average number of accidents on IDA financed sections is 10.8. 3.00 Solid experience with OPMBC approach based on contracts in two pilot regions. 5.00 Average number after works on IDA financed sections is 10.4...but concerns over the quality of the data at this stage. Page 2 of 5
Defined reduction in vehicle operating costs (in %) for road users by car, or IBRD financed sections Baseline to be provided Intermediate Results Indicators Number of km of highway rehabilitated within project Custom Indicator Kilometers 113.00 This does not include the roads within the pilot regions improved as part of those contracts. 157.00 Cumulative reduction in unit costs for maintenance activities in two pilot regions 31-Dec-2004 4 Cumulative improvement over the three year period. Up from 113 km, following restructuring of project. 1 Length of road in lane km covered by road safety audit Custom Indicator Kilometers 10 audits undertaken yet - consultant has just been procured. Page 3 of 5
Number of accident blackspots address in project Custom Indicator Number 31-Dec-2005 8.00 16-Apr-2010 8 addressed under IDA credit, 5 more being addressed in 2010. 15.00 Road Accident Database established and operational Custom Indicator / 16-Apr-2010 Established, not fully operational. Data on Financial Performance (as of 19-v-2010) Financial Agreement(s) Key s Project Loan. Status Approval Signing Effectiveness Closing P075207 IBRD-74630 Effective 20-Jun-2007 27-Jul-2007 16-Dec-2008 P075207 IDA-39090 Effective 25-May-2004 09-Jun-2004 07-Sep-2004 30-Jun-2011 Disbursements (in Millions) Project Loan. Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P075207 IBRD-74630 Effective USD 5 5 7.39 42.43 15.00 P075207 IDA-39090 Effective USD 55.00 55.00 53.72 3.25 98.00 Disbursement Graph Page 4 of 5
Key Decisions Regarding Implementation There are no key decisions in respect of disclosure at this time. Restructuring History Level two Approved on 10-Mar-2010, Level two Approved on 12-Mar-2010 Related Projects P096206-TRANSPORT REHABILITATION ADDITIONAL FINANCING Page 5 of 5