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THE WORLD BANKiBROD* IDA WOR.DBANK RouP
His ExcellencyBakhyt SultanovMinister of FinanceMinistry of
Finance11 Pobedy StreetAstana 010000Republic of Kazakhstan
Re: IBRD Loan No. ;463-KZ (Fostering Productive Innovation
Project)Add tional Instructions: Disbursement
Excellency:
I refer to the Loan Agreemen .between the International Bank for
Reconstruction and Develc i: atthe "Bank") and the Republic of
Kazakhstan (the "Borrower") for the above-referenced project,
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II. Withdrawal of Loan Proceeds
(i) Authorized Signatures (subsec ion 3.1). An authorized
signatory letter in the Form at a:: A(Attachment 2) should be
furnished to the Bank at the address indicated below providing the
nameis idspecimen signature(s) of the official(s) authorized to
sign Applications:
The World Ilank1818 H Stret, N.W.Washington DC 20433United
States of AmericaAttention: E aroj Kumar Jha, Regional Country
Director, Central Asia
(ii) Applications (subsections 3.2 - 3.3). Please provide
completed and signed: (a) applicatic i 3rwithdrawal, together with
supportinl; documents; and (b) applications for special
commitments, tc :p tl erwith a copy of the commercial bank etter of
credit, to the address indicated below:
The World 1lankRadnicka cestL 80, 9th floorZagreb, HR - 0
000
CroatiaAttention: I oan Department
(iii) Electronic Delivery (subsection 3.4) The Bank may permit
the Borrower to electronically del : tothe Bank Applications (with
suppoiting documents) through the Bank's Client Connection, web
lia,dportal. The option to deliver Appli.ations to the Bank by
electronic means may be effected if: a) 1 ieBorrower has designated
in writing, pursuant to the terms of subparagraph (i) of this
Section, its 01 Fc Iswho are authorized to sign and deliver
Applications and to receive secure identification cred t Is("SIDC")
from the Bank for the purpose of delivering such Applications by
electronic means; and i) ilsuch officials designated by the
Borrower have registered as users of Client Connection. If the Bank
r s,the Bank will provide the Borrower m ith SIDC for the
designated officials. Following which, the desi !i.ai Aofficials
may deliver Applications e ectronically by completing Form 2380,
which is accessible tl r ;hClient Connection (https://clientconi
ection.worldbank.org). The Borrower may continue to exere s
ieoption of preparing and delivering Aplications in paper form. The
Bank reserves the right and may, r tssole discretion, temporarily
or per nanently disallow the electronic delivery of Applications I
i eBorrower.
(iv) Terms and Conditions of Use oj SIDC to Process
Applications. By designating officials to use E I Cand by choosing
to deliver the Applications electronically, the Borrower confirms
through the auti -Yi dsignatory letter its agreement to: (a) abide
by the Terms and Conditions of Use of Secure Identifi a
?nCredentials in connection with U, e of Electronic Means to
Process Applications and Supl i igDocumentation ("Terms and
Conditions of Use of Secure Identification Credentials") provi e d
inAttachment 3; and (b) to cause such )fficial to abide by those
terms and conditions.
(v) Minimum Value of Applications (subsection 3.5). The Minimum
Value of Applications for Dii.!,:tPayment, Reimbursement and
issuance of Special Commitments is US$ 500,000.(vi) Advances
(sections 5 and 6).
* Type of Designated Accob nt (subsection 5.3): Segregated.
* Currency of Designated Account (subsection 5.4): US dollar
(US$).
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* Financial Institution at m hich the Designated Account Will Be
Opened (subsection 5 ) acommercial bank / financil institution
acceptable to the Bank.
o Ceiling (subsectio 1 6.1): US$ 3,000,000.
III. Reporting on Use of Loan Pro eeds
(i) Supporting Documentation (section 4). Supporting
documentation should be provided wit ie happlication for withdrawal
as set out below:
* For requests for Reimbi rsement and for reporting eligible
expenditures paid fro . teDesignated Account:
o Records evidencin eligible expenditures (e.g., copies of
receipts, supplier invoic >> orpayments against tontracts
valued at: US$ 100,000 equivalent or more for serv : fconsulting
firns; ind US$ 50,000 equivalent or more for individual
consultant-;
o Statement of Expeiiditure in the form attached (Attachment 4a)
for all other expen, lil, _s/ contracts, includi ig operating
costs;
o Statement of Exp.nditure in the form attached (Attachment 4b),
showing the 3. 3-projects approved ind amounts disbursed by the
ESVC Fund under those Sub-p c j tsduring the reported period,
including the related costs, and evidence satisfactory t I ieBank
that the with Irawal conditions related to category no. 4 have been
satisfied, x; IrSchedule 2, Sectio i IV.B.1.(c) of the Loan
Agreement;
o Statement of Expe iditure in the form attached (Attachment 4c)
for grants;
o List of payments against contracts that are subject to the
Bank's prior review, in th ' mattached (Attachmi nt 5); and
o A designated account reconciliation statement (Attachment 6)
and related :kstatement.
* For requests for Direct iayment: records evidencing eligible
expenditures, e.g., cor i freceipts, supplier invoices.
(ii) Frequency of Reporting Eligiblc Expenditures Paid from the
Designated Account (subsectio) 5..):Quarterly.
IV. Other Important Information
For additional information on disbursement arrangements, please
refer to the Disburs n. atHandbook available on the Bank's public
website at https://www.worldbank.org and its secure \ e: te"Client
Connection" at https://clientc )nnection.worldbank.org. Print
copies are available upon requ:!i:
If you have not already done so, the Bank recommends that you
register as a user of the IiI, ntConnection website
(https://clientcon iection.worldbank.ori). From this website you
will be able to p cp reand deliver Applications, monitor the near
real-time status of the Loan, and retrieve related policy, fin r'ci
l,and procurement information. All Borrower officials authorized to
sign and deliver Applicatii >yelectronic means are required to
register with Client Connection before electronic delivery can be
efl; .:t d.For more information about the webs te and registration
arrangements, please contact the Bank by ei 1il at.
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If you have any queries in rc lation to the above, please
contact Jasna Mestnik, Finance Off [email protected] using
the a bove reference.
Yours sincerely,
By--/Ludmilla ButenkoCountry Manager
Kazakhstan
Attachments:1. World Bank Disbursembnt Guid lines for Projects,
dated May 1, 20062. Form for Authorized Signatures3. Terms and
Conditions of Use of ecure Identification Credentials in connection
with Use of
Electronic Means to Process Applications and Supporting
Documentation, dated March 1, 20124. Forms of "Statement of Expendi
ure"5. Form of Payments Against Conti acts Subject to the Bank's
Prior Review6. Form of Designated Account Reconciliation
Statement
Prepared by: Jasna Mestnik, Finance Officer - CTRLA
Cleared with and cc: Ramiro Igna io Jauregui-Zabalaga, Country
Lawyer - LEGLEKaren Grigc rian, Task Team Leader - GTCDR
Cc with copies: Ministry of Edu:ation and ScienceDom Ministerst
toAstana, 010000Kazakhstan
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Attachr 1o11 2
For n of Authorized Signatory Letter[Letterhead]
Ministry of Finance[Street address][City] [Country]
The World Bank1818 H Street, N.W.Washington, D.C. 20433United
States of America
Attention: Mr. Saroj Kumar Jha, I Zegional Director, Central
Asia.
Re: Loan No. 8, 463-KZ (Fostering Productive Innovation
Project)Dear Mr. Jha:
I refer to the Loan Agi eement ("Agreement") between the
International Bar k )rReconstruction and Development (the "Bank")
and the Republic of Kazakhstan (the "Borrowv, '),dated -, providing
the atove Loan. For the purposes of Section 2.03 of the G 'n n
alConditions as defined in the Agreement, any '[onel of the persons
whose authenticated spe .im -nsignatures appear below is aut
torized on behalf of the Borrower to sign applicatioi i rwithdrawal
[and applications for a special commitment] under this Loan.
For the purpose of delivoring Applications to the Bank, 2[each]
of the persons v v seauthenticated specimen signaturE s appears
below is authorized on behalf of the Borrower, At ig3[individually]
4[jointly], to delive r Applications, and evidence in support
thereof on the I: isand conditions specified by the B ink.
I Instruction to the Borrower: Stipulate f more than one person
needs to sign Applications, and how many or v h hpositions, and if
any thresholds apply. P ease delete this footnote in final letter
that is sent to the Bank.
2 Instruction to the Borrower: Stipulate f more than one person
needs to jointly sign Applications, if so, plea:indicate the actual
number. Please deleto this footnote in final letter that is sent to
the Bank.
3 Instruction to the Borrower: Use this t racket if any one of
the authorized persons may sign; if this is notapplicable, please
delete. Please delete his footnote in final letter that is sent to
the Bank.
4 Instruction to the Borrower: Use this t racket only if several
individuals must jointly sign each Application; f t] Iis not
applicable, please delete. Please i'elete this footnote in final
letter that is sent to the Bank.
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5[This confirms that the Borrower is authorizing such persons to
accept 5 e::Identification Credentials (SIDC) and to deliver the
Applications and supporting documE n tothe Bank by electronic
means. In full recognition that the Bank shall rely upon ;1
:hrepresentations and warranties, in Lcluding without limitation,
the representations and warr 1,1 ?scontained in the Terms and
Conditi)ns of Use of Secure Identification Credentials in
connection wi 1 i seof Electronic Means to Process App ications and
Supporting Documentation ("Terms and Conc i i c isof Use of SIDC"),
the Borrower represents and warrants to the Bank that it will cause
such pt rsc isto abide by those terms and cond tions.]
This Authorization replaces and supersedes any Authorization
currently in the 1; dkrecords with respect to this AgreE ment.
[Name], [position] 3pecimen Signature:
[Name], [position] 3pecimen Signature:
[Name], [position] 3pecimen Signature:
Yours truly,
/ signed /
[Position]
5 Instruction to the Borrower: Add this )aragraph if the
Borrower wishes to authorize the listed persons to ac pSecure
Identification Credentials and to leliver Applications by
electronic means; if this is not applicable, pie i Zdelete the
paragraph. Please delete this, ootnote in final letter that is sent
to the Bank.
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Attach re ::3
Terms and Condit ons of Use of Secure Identification
Credentialsin conn action with Use of Electronic Means
to Process Applicationsand Supporting Documentation
March 1, 2013
The World Bank (Bank)' will provide secure identification
credentials (SIDC) to I r litthe Borrower 2 to deliver applications
for withdrawal and applications for special commit e tsunder the
Agreement(s) and supporting documentation (such applications and
supp .Iti igdocumentation together referred t) in these Terms and
Conditions of Use as Applications) I:i I leBank electronically, on
the terms md conditions of use specified herein.
SIDC can be either: (a) hardware-based (Physical Token), or (b)
software-based i, ftToken). The Bank reserves the riE ht to
determine which type of SIDC is most appropriate.
A. Identification of Users.
1. The Borrower will be rec uired to identify in a completed
Authorized Signatory - zr(ASL) duly delivered to aid received by
the Bank each person who will be authori 'Ac todeliver
Applications. The Bank will provide SIDC to each person identified
in th : L(Signatory), as provided btelow. The Borrower shall also
immediately notify the Bai 1 aSignatory is no longer auth Lorized
by the Borrower to act as a Signatory.
2. Each Signatory must register as a user on the Bank's Client
Connection (CC) w: te(https://clientconnection.wN orldbank.or1)
prior to receipt of his/her SIDC. Registrat :1 >nCC will require
that the Signatory establish a CC password (CC Password). The
Sigi., -yshall not reveal his/her C, Password to anyone or store or
record the CC Passw :i d inwritten or other form. U1 on
registration as a CC user, the Signatory will be assil ii aunique
identifying accoun= name.
B. Initialization of SIDC.
1. Prior to initialization of SI )C by a Signatory, the
Signatory will acknowledge having e c,understood and agreed to I he
bound by these Terms and Conditions of Use.
2. Where a Physical Token i; to be used, promptly upon receipt
of the Physical Tokcn leSignatory will access CC u sing his/her
account name and CC Password and register f L -rPhysical Token and
set a personal identification number (PIN) to be used in conn,( t.
n
'"Bank" includes IBRD and IDA.2 "Borrower" includes the borrower
of at IBRD loan, IDA credit, or Project Preparation Facility
advance andrecipient of a grant.
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with the use of his/her Ph, sical Token, after which the
Physical Token will be initi i : adfor use by the Signatory ex
clusively for purposes of delivering Applications. Where IS ftToken
is to be used, the 3ignatory will access CC using his/her account
name at d CPassword and set a person il identification number (PIN)
to be used in connection w 11 ieuse of his/her Soft Token, after
which the Soft Token will be initialized for use 1,v teSignatory
exclusively for purposes of delivering Applications. Upon
initialization teSIDC, the Signatory will te a "SIDC User". The
Bank will maintain in its database :t araccount (Account) for each
SIDC User for purposes of managing the SIDC of the 3 II CUser.
Neither the Borrowo er nor the SIDC User will have any access to
the Account.
3. Prior to first use of the SI] )C by the SIDC User, the
Borrower shall ensure that the 3 II CUser has received training
materials provided by the Bank in use of the SIDC.
C. Use of SIDC.
1 Use of the SIDC is strictly limited to use in the delivery of
Applications by the SID( J. .rin the manner prescribed b i the Bank
in the Agreement(s) and these Terms and Cond J: cI s.Any other use
of the SIDC is prohibited.
2. The Bank assumes no resp ansibility or liability whatsoever
for any misuse of the SII IH ythe SIDC User, other reprc sentatives
of the Borrower, or third parties.
3. The Borrower undertakes to ensure, and represents and
warrants to the Bank ,.t hrepresentation and warran y being
expressly relied upon by the Bank in granting l 1)that each SIDC
User understands and will abide by, these Terms and Conditions o U
J,including without limitatic n the following:
4. Security
4.1. The SIDC User shalt not reveal his/her PIN to anyone or
store or record the I IN nwritten or other form.
4.2. The SIDC User shall not allow anyone else to utilize
his/her SIDC to delic r nApplication to the Bank.
4.3. The SIDC User shall always logout from CC when not using
the system. Fail tc ologout properly can create a route into the
system that is unprotected.
4.4. If the SIDC User b lieves a third party has learned his/her
PIN or has lost h i/1 -rPhysical Token he/she sha .1 immediately
notify [email protected].
4.5. The Borrower shall immediately notify the Bank
itclientconnection@worldb nk.or of any lost, stolen or compromised
SIDC, and take id :rreasonable steps to ensure such SIDC are
disabled immediately.
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5. Reservation of Right to D'sable SIDC
5.1. The Borrower shall reserve the right to revoke the
authorization of a SIDC L si't ouse a SIDC for any reason.
5.2. The Bank reserves the right, in its sole discretion, to
temporarily or perma i.t r lydisable a SIDC, de-activat ea SIDC
User's Account or both.
6. Care of Physical Tokens
6.1. Physical Tokens will remain the property of the Bank.
6.2. The Bank will phyically deliver a Physical Token to each
Signatory designz 1:tc toreceive one in a manner to be determined
by and satisfactory to the Bank.
6.3. Physical Tokens contain delicate and sophisticated
instrumentation and the vf ieshould be handled with (.ue care, and
should not be immersed in liquids, expo: ed1 toextreme
temperatures, cru hed or bent. Also, Physical Tokens should be kept
mor [1 infive (5) cm from devices hat generate electromagnetic
radiation (EMR), such as r ot, lephones, phone-enabled PDAs, smart
phones and other similar devices. Physical T > isshould be
carried and stor d separate from any EMR device. At close range
(less I h; 5cm), these devices can o-itput high levels of EMR that
can interfere with the Iro oroperation of electronic eqi ipment,
including the Physical Token.
6.4. Without derogatin g from these Terms and Conditions of Use,
other tec Lni alinstructions on the proper use and care of Physical
Tokens are availat athttp://www.rsa.com.
7. Replacement
7.1. Lost, damaged, cor ipromised (in terms of 4.5, above) or
destroyed Physical i. 0: iswill be replaced at the exp -se of the
Borrower.
7.2. The Bank reserves :he right, in its sole discretion, not to
replace any Physical ' 'il. -nin the case of misuse, or not to
reactivate a SIDC User's Account.
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Attachment 4aStatement of Expenditures (SOE)
Payments made during the period from to Loan No.:Application
No.:
Category No.:
SOE No.:
2 3 4 5 6 1 7d A 8 9 10 11
Sunnlier's WB Tvne of Good or Currency and Total Currency and %
Financed Amount Currencv and Fxchanpe Date of Remark-Name Contract
Service Amount of Contract Total Amount by Eligible Amount Paid
Rate Payment
Number in (CW/GO/CS/OP/TR) of Invoice IBRD/IDA/TF for fromClient
/ Brief Description Covered by Financing Designated
Connection Application (5 x 6) Account (ifApplicable)
TOTALS
Supporting documents for this SOE retained at(location)
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Attachment 4b
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT LOAN
NO.:DATE:
STATEMENT OF EXPENDITURE - SOE APPLICATION NO.:(No Supporting
Documents) PAGE NO.:
ESVC FUND SUB-PROJECTS AND RELATED COSTS, incl. MANAGEMENT FEES,
AUDIT CATEGORY NUMBER:
1 2 3 4 5 6 7 8 9 10100% of Amount
Name or Amount and Description Amounts paid % requested in Date
of Rate US$ Amount RemarksNumber ot Currency ot ot in mis i-inancea
tnis Application Payment ot withdrawn
Sub-project Sub-project Costs Application by IBRD (Col 3 X 4)
Exchange from DA
-- -- -- -- -- --
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Attachment 4c
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT LOAN
NO.:DATE:
STATEMENT OF EXPENDITURE - SOE APPLICATION NO.:(No Supporting
Documents) PAGE NO.:
GRANTS CATEGORY NUMBER:
1 2 3 4 5 6 7 8 9 10 11 12100% of Amount
Name or Name Code of Amount of INo. lAmounts paid % requested in
Date of Rate Date of US$ AmountNumber of of Currency Grant of in
tnis t-inanc tnIs Application i-ayment OT witnarawai witnarawn
Grant Benefic of Invoice Application by IBRD (Col 6 X 7)
Exchange from DA from DAGrant
I I I __ ____ __ __ [ __ _______ ______I _ E-1_ I I_ _ _ _I__ _
_ _
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Attachment 5
Payme nts Made during Reporting PeriodAgainst Contracts Subject
to the Bank's Prior Review
Date of WV ;iha,reofWB's Non Amount Paid to A i: Iald to
Contract Contract Contract Objection Supplier during Su[ i i
-duringNumber Supplier Date Amount to Contract Period I iod
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Attachm rit
DESIGNATED ACCOUNT RECONCLIATION STATEMENT
LOAN/CREDIT/PPF/COFINANC ER NUMBERACCOUNT NUMBER WITH (BANK)
1. TOTAL ADVANCED BY WORLD IANK (OR COFINANCIER) $
2 LESS: TOTAL AMOUNT RECOVE RED BY WORLD BANK - $
3. EQUALS PRESENT OUTSTANDING AMOUNT ADVANCED TOTHE SPECIAL
ACCOUNT (NUMB ER I LESS NUMBER 2) = $
4. BALANCE OF SPECIAL ACCOUN r PER ATTACHED BANKSTATEMENT AS OF
DATE $
5. PLUS: TOTAL AMOUNT CLAIME D IN THISAPPLICATION NO. _ + $
6. PLUS: TOTAL AMOUNT WITHDF AWN AND NOT YET CLAIMEDREASON:
+$
7. PLUS: AMOUNTS CLAIMED IN P EVIOUS APPLICATIONSNOT YET
CREDITED AT DATE 01 BANK STATEMENTS
APPLICATION NO. AMOUNT *
SUBTOTAL OF PREVIOUSAPPLICATIONS NOT YET CREDITED + $
8. MINUS: INTEREST EARNED - $
9. TOTAL ADVANCE ACCOUNTED :OR (NO. 4 THROUGH NO. 9) = $
10. EXPLANATION OF ANY DIFFERENCE BETWEEN THE TOTALS APPEARING
ON LINES 3 AND 9:
11. DATE: _ SIGNATURE:
ITLE: