OFFUTAL
DOCUMENTS
The World Bank 1818 H Street O.W. (202) 473-1000
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT WaShington,D.C. 20433 Cable Address: INTBAFRAD
INTERNATIONAL DEVELOPMENT ASSOCIATION U.S.A. Cable Address: INDEVAS
July 17, 2012
His Excellency
Mr. Hernain Lorenzino
Minister of Economy and Public Finance
Ministerio de Economia y Finanzas P6blicas
Hip6lito Yrigoyen 250
Ciudad Aut6noma de Buenos Aires
CP 1086AAB
Argentina
Re: Argentina - Lifelong Learning and Training Project, IBRD Loan 7474-AR
Additional Instructions: AMENDED Disbursement Letter
Excellency:
Please refer to the Financing Agreement ("Agreement") between the International Bank
for Reconstruction and Development (the "Bank"), and the Argentine Republic (the "Borrower")
for the Lifelong Learning and Training project, dated November 26, 2007. The Loan
Agreement provides that the Bank may issue additional instructions regarding the withdrawal of
the proceeds, and the operation of the Designated Account for the Loan. This letter
("Disbursement Letter"), replaces the amended version of the letter dated September 28, 2011,
and all previous versions (original and amendments).
The attached World Bank Disbursement Guidelines for Projects, dated May 1, 2006,
("Disbursement Guidelines") (Attachment 1), are an integral part of the Disbursement Letter.
The manner in which the provisions in the Disbursement Guidelines apply to the Loan is
specified below. Sections and subsections in parentheses below refer to the relevant sections and
subsections in the Disbursement Guidelines and, unless otherwise defined in this letter, the
capitalized terms used have the meanings ascribed to them in the Disbursement Guidelines.
I. Disbursement Arrangements
(i) Disbursement Methods (section 2). The following Disbursement Methods may be used
under the Grant:
* Reimbursement
* Advance
* Direct Payment
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(ii) Disbursement Deadline Date (subsection 3.7). The Disbursement Deadline Date is four
months after the Closing Date specified in the Loan Agreement. Any changes to this date will be
notified by the World Bank.
(iii) Disbursement Conditions (subsection 3.8). Please refer to the disbursement conditions in
Section IV.B.1 of Schedule 2 to the Loan Agreement.
II. Withdrawal of Grant Proceeds
(i) Authorized Signatures (subsection 3.1). A letter in the Form attached (Attachment 2) should
be furnished to the World Bank at :he address indicated below providing the name(s) and
specimen signature(s) of the official(s) authorized to sign Applications:
The World Banl
Torre Bouchard
Bouchard 547, Piso 29
Buenos Aires, Argentina
Attention: Penelope J. Brook
Country Director
Argentina, Paraguay and Uruguay.
(ii) Applications (subsections 3.2 - 3.3). Please provide completed and signed applications for
withdrawal, together with supporting documents, to the address indicated below:
The World Bank
Setor Comercial Norte,
Quadra 02, Lote A
Edificio Corporate Finance Center
70 andar
70712-900 Brasilia, D.F.
Brazil
Attention: Loan Department
(iii) Electronic Delivery (subsection 3.4) The World Bank may permit the Borrower to
electronically deliver to the World Bank Applications (with supporting documents) through the
World Bank's Client Connection, web-based portal. The option to deliver Applications to the
World Bank by electronic means may be effected if: (a) the Borrower has designated in writing,
pursuant to the terms of subparagraph (i) of this Section, its officials who are authorized to sign
and deliver Applications and to receive secure identification devices ("Tokens") from the World
Bank for the purpose of delivering such Applications by electronic means; and (b) all such
officials designated by the Borrower have registered as users of Client Connection. If the World
Bank agrees, the World Bank will provide the Borrower with Tokens for the designated officials.
Following which, the designated officials may deliver Applications electronically by completing
Form 2380, which is accessible through Client Connection
(https://clientconnection.worldbank.org). The Borrower may continue to exercise the option of
preparing and delivering Applications in paper form. The World Bank reserves the right and
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may, in its sole discretion, temporaily or permanently disallow the electronic delivery of
Applications by the Borrower.
* Terms and Conditions of Use of Tokens to Process Applications. By designating
officials to accept Tokens arid by choosing to deliver the Applications electronically,
the Recipient confirms through the authorized signatory letter its agreement to: (a)
abide by the Terms and Conditions of Use of Secure Identification Devices in
connection with Use of Electronic Means to Process Applications and Supporting
Documentation ("Terms and Conditions of Use of Tokens") provided in Attachment 5;
and (b) to deliver the Terms and Conditions of Use of Tokens to each such official and
to cause such official to abide by those terms and conditions.
(v) Minimum Value ofApplications (subsection 3.5). The Minimum Value of Applications for
direct payment and reimbursements is USD $ 4,000,000.
(vi) Advances (sections 5 and 6).
* Type of Designated Accounts (subsection 5.3): Segregated
* Currency of DesignatedAccounts (subsection 5.4): United States Dollar (USD)
* Financial Institution at which the Designated Accounts Will Be Opened (subsection
5.5(a) - (h)): Banco de la Nai6n Argentina
* Ceiling (subsection 6.1): USD $ 20,000,000.
III. Reporting on Use of Grant Proceeds
(i) Supporting Documentation (section 4). Supporting documentation should be provided with
each application for withdrawal as set out below:
* For requests for Reimbursement:
o Records evidencing eligible expenditures (e.g., copies of receipts,
suppliers/contractors' invoices) for payments for goods against contracts valued
at USD $350,000 or more; and payments for consultant services against
contracts valued at USD $100,000 or more for consulting firms, and USD
$50,000 or more for individuals (Attachment 3A - Statement of Expenditure
with supporting documentation);
o Statement of Expenditures in the form attached (Attachment 3B - Statement of
Expenditure without supporting documentation) for all other expenditures for
payments for goods and consultant services below the thresholds mentioned
above, operating costs, training, fees, didactic and consumable materials under
Adult Education Subprojects, and stipends under Youth Internship Subprojects.
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o Statement of Expenditure in the form attached (Attachment 4) for all eligible
expenditures reported under Competency Normalization Activities (CNAs),
Adult Education Activities (AEAs), Curricular Alignment Activities (CAAs) as
allocated in Category (2) and (5) (a) of Section IV.A of the Loan Agreement.
* For reporting eligible expenditures paid from the Designated Account:
o Records evidencing eligible expenditures (e.g., copies of receipts,
suppliers/contractors' invoices) for payments for goods against contracts valued
at USD $350,000 or more; and payments for consultant services against
contracts valued at USD $100,000 or more for consulting firms, and USD
$50,000 or more for individuals (Attachment 3A - Statement of Expenditure
with supporting documentation);
o Statement of Expenditures in the form attached (Attachment 3B - Statement of
Expenditure without supporting documentation) for all other expenditures for
payments for goods and consultant services below the thresholds mentioned
above, operating costs, training, fees, didactic and consumable materials under
Adult Education Subprojects, and stipends under Youth Internship Subprojects.
o Statement of Expenditure in the form attached (Attachment 4) for all eligible
expenditures reported under Competency Normalization Activities (CNAs),
Adult Education Activities (AEAs), Curricular Alignment Activities (CAAs) as
allocated in Category (2) and (5) (a) of Section IV.A of the Loan Agreement.
* For requests for Direct Payment: records evidencing eligible expenditures, e.g., copies
of receipts, and suppliers/contractors' invoices.
(ii) Frequency of Reporting Eligible Expenditures Paid from the Designated Account
(subsection 6.3): Quarterly.
(iii) Other Supporting Documentation Instructions: A Designated Account activity
reconciliation statement and bank statement should be submitted with each withdrawal
application reporting on the use of Loan proceeds.
V. Other Important Information
For additional information on disbursement arrangements, please refer to the
Disbursement Handbook available on the World Bank's public website at
https://www.worldbank.org and its secure website "Client Connection" at
https://clientconnection.worldbank.org Print copies are available upon request.
If you have not already done so, the World Bank recommends that you register as a user
of the Client Connection website (htips://clientconnection.worldbank.org). From this website
you will be able to prepare and deli-ver Applications, monitor the near real-time status of the
Loan, and retrieve related policy, financial, and procurement information. All Borrower officials
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authorized to sign and deliver Applications by electronic means are required to register with
Client Connection before electronic Celivery can be effected. For more information about the
website and registration arrangements, please contact the World Bank by email at
<clientconnection@worldbank.org>.
If you have any queries in relation to the above, please contact Mr. Victor Ordonez
Conde, Finance Officer at vconde@worldbank.org using the above reference.
Yours sincerely,
Victor Ordonez
Finance Officer
CTRLD
Loan Department
The World Bank Group
Attachments
1 - World Bank Disbursement Guidelines for Projects, dated May 1, 2006 (same as provided
in original Disbursement Letter dated November 26, 2007).
/2 - Form for Authorized Signatures
13A - Form of "Statement of Expenditure" (with supporting documentation)
3B - Form of "Statement of Expenditure" (without supporting documentation)
4/ -Amended Form for Output-based activities (Customized Statement of Expenditures)
5 Terms and Conditions of Use of Secure Identification Devices in connection with Use of
Electronic Means to Process Applications and Supporting Documentation, dated January
20, 2010
Page 6 of 15
Cc with copy: Lic. Federico Marongiu
Coordinador General Institucional de la Secretaría de Política
Económica y Planificación del Desarrollo,
Ministerio de Economía y Finanzas Públicas
Hipólito Yrigoyen 250
Lic. Enrique Deibe
Sectario de Empleo
Secretaría de Empleo
Ministerio de Trabajo, Empleo y Seguridad Social
Leandro N. Alem 650
Lic. Susana Barastian
Directora Nacional de Orientación y Formación Profesional
Secretaría de Empleo
Ministerio de Trabajo, Empleo y Seguridad Social
Leandro N. Alem 650
Lic. Enrique Garrido
Coordinador Financiero y Administrativo del Proyecto
Secretaría
Ministerio de Trabajo, Empleo y Seguridad Social
Leandro N. Alem 650
Page 7 of 15
Attachment 2
Form of Authorized Signatory Letter
[Letterhead]
Ministry of Finance
[Street address]
[DATE]
The World Bank
1818 H Street, N.W.
Washington, D.C. 20433
United States of America
Attention: , Country Director, .
Dear _(Name of Country Director):
Re: Loan No. _-_ (Name of the Project)
I refer to the Loan Agreement ("Agreement") between the International Bank for Reconstruction
and Development (the "Bank") and [name of borrower] (the "Borrower"), dated , providing the
above Loan. For the purposes of Section 2.03 of the General Conditions as defined in the Agreement, any
[one] of the persons whose authenticatec. 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 App. ications, 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 Tokens and to deliver the
Applications and supporting documents to the Bank by electronic means. In full recognition that the
Bank shall rely upon such representations and warranties, including without limitation, the representations
1 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.
3 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.
4 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 1his footnote in final letter that is sent to the Bank.
5 Instruction to the Borrower: Add this paragraph if the Borrower wishes to authorize the listed persons to accept
Tokens 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.
Page 8 of 15
and warranties contained in the Terms and Conditions of Use of Secure Identification Devices in
connection with Use of Electronic Means to Process Applications and Supporting Documentation
("Terms and Conditions of Use of Tokens"), the Borrower represents and warrants to the Bank that it will
deliver to each such person a copy of the Terms and Conditions of Use of Tokens and will cause such
persons to abide by those terms and conditions.]
[Name], [position] Specimen Signature:
[Name], [position] Specimen Signature:
[Name], [position] Specimen Signature:
Yours truly,
/ signed /
[Position]
Attachment 3A
Anacnient~ d BANCO ITERNACIONAL DE RECONSTRUCCION Y FOMENTO PRESTAMO NO.:
FECHA:
CERTIFICADO DE GASTOS POR CONTRATOS SUJETOS A REVISION PREVIA - (con documentos jutm)voe) NO. SOUCfTUD:
NO. HOJA:
NO. CATEGORIA:
CUENTA DESr -NA DA) SLAMNTE
1 2 3 4 5 6 7 a 9 10 11 12 13 14 15 16
Códgo Monto Gaetos 100% Monto % Feco Canddd Fech
dentif Código Cd4go Monede Orgnol Acumulado Nmero Pagado enesta Fecha Finenc. Mnto Tasa DÉbno Deitada Telax
Nombro dei del Pola de¡ D~ecrlP. del del de¡ Contrato de la Soocitud de por el Solicitado de Cuenta Cuenta No
Provr C or~ do de Bien Contrato Con~rato (sin ReÑuate) Factur 1. Prcio Easco~. Pago BIRF (Col 9 XII) Cambio Designadº Delgnada Objecón
(y su «quiv. 2. PrecIo Rea#u~I
en USS)
17-Tota
P2
Page 10 of15
AttaChment 3B
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Page 11 of 15
Attactiment 4
BANCO INTERNACIONAL DE RECONSTRUCCION Y FOMENTO PRESTAMO No.
CERTIFICADO DE GASTOS (SOE) PARA ACTMIDADES A DESEMBOLSAR POR PRODUCTO (OUTPUT-BASED ACTIVITIES) FECHA
Periodo: del el No. SOLICITUD
No. CATFGORIA
1 2 3 4 5 6 7 8 9 10 11 12 13 14 1 is lo 17 la
Tipo de Mi (Cant) mew Mala W de Factura ~ unitario Morrirlo unitario %de Manto Tase de Fecha Cantidad Fecha
Descripción de¡ ld~ ación de la Producto Descripción Plano~ alcanzada acumulada Nombre deí beneficiarío 1 1 reembolesible reembolsable Fecha de Financiación solicitado en Carmo Débilo 0~ de Regi*o o
Componente A~ ad (Medida de del Producto en esta hasta ~ Provestiof Pago (exio) Cuente Cuenta Cw~ ción
Resubido) Total lodo oeríodo Comprobante A$ Us$ BIW A$ A$/USS Des ada Dmiandn dsi P-1-11n
No~ de
Competencias
desarrolladas por los Normas de Normas 300 3,625.00 100% 0.00 0,00
Comités de Competencia registradas
Normalización de los
Establecer el Sistema sectores.
de Certificación basado Evaluadores
en competencias capacitados, Evaluadores Evaluadores 795 1,979.00 000
certificados y capacturdos registrados
registrados
Tbýý, uj, c, o n de 'roD": valtiados. 100,000 150.00 100% 0.00 0.00
regis
va li, d1,7 5 1 , .
Alincarriento de Omeño de
currucula basado en Diseño de Curricula y Materiales 3- 7,500.00 100% 0.00 0.00
competencias -jo matenales didacticos diseñados curricu
de la calidad dye IFP registrado
Fortalecirríento ac,,, ¡Certifica.ción de, certificad 100%
secretarios de adultos ó- j= .. 1 -o,-
educación Prowin básica ca. ..s ~Kos 153.00 0-1 1 1 0-1
Proyectos inter- Certificación de ýAdulos,,d,,
linstitucionales para Adultos
proveer serN4c . adultos educación mWicu certificados ý 20,010[11 20.00 100% 0.00 0.00
.c.clón a ad'u0ft5we 1 básica y secundana 1 1
Costo Pr-omedio Unitario en USD acordado por el Banco
Attachment 5
Terms and Conditions of Use of Secure Identification Devices
in connection with Use of Electronic Means
to Process Applications
and Supporting Documentation
January 20, 2010
The World Bank (Bank)6 will provide secure identification devices (Tokens) to permit the Borrower7 to
deliver applications for withdrawal and applications for special commitments under the Agreement(s) and
supporting documentation (such applications and supporting documentation together referred to in these
Terms and Conditions of Use as Applications) to the Bank electronically, on the terms and conditions of
use specified herein.
A. Identification of Users.
1. The Borrower will be required to identify in a completed Authorized Signatory Letter (ASL) duly
delivered to and received by the Bank each person who will be authorized to deliver Applications.
The Bank will provide Tokens tz each person identified in the ASL (Signatory), as provided
below. The Borrower shall also immediately notify the Bank if a Signatory is no longer
authorized by the Borrower to act as a Signatory.
2. Each Signatory must register as a user on the Bank's Client Connection (CC) website
(https://clientconnection.worldbank.org ) prior to delivery of Tokens. Registration on CC will
require that the Signatory establish a CC password (CC Password). The Signatory shall not
reveal his/her CC Password to anyone or store or record the CC Password in written or other
form. Upon registration as a CC user, the Signatory will be assigned a unique identifying account
name.
B. Distribution, Initialization and Return of Tokens.
1. The Bank will physically deliver a Token to each Signatory in a manner to be determined by and
satisfactory to the Bank.
2. At the time of delivery of a Token to a Signatory, the Signatory will receive a copy of these
Terms and Conditions of Use for purposes of initializing the Token.
3. The Bank will verify that the Token, Temporary Password and Terms and Conditions of Use have
been duly delivered to and received by the CC User.
4. Promptly upon receipt of the Token and Terms and Conditions of Use, the Signatory will access
CC using his/her account name and CC Password and register his/her Token and set a personal
identification number (PIN) to be used in connection with the use of his/her Token, after which
6 "Bank" includes IBRD and IDA.
7 "Borrower" includes the borrower of an IBRD loan, IDA credit, or Project Preparation Facility advance and the
recipient of a grant.
Page 13 of 15
the Token will be initialized for use by the Signatory exclusively for purposes of delivering
Applications. Upon initialization of the Token, the Signatory will be a "Token User". The Bank
will maintain in its database a t.ser account (Account) for each Token User for purposes of
managing the Token of the Token User. Neither the Borrower nor the Token User will have any
access to the Account.
5. Prior to first use of the Token by the Token User for delivering Applications, the Borrower shall
ensure that the Token User has received training materials provided by the Bank in use of the
Token.
6. Tokens shall be promptly returned to the Bank upon request of the Bank.
C. Management of Tokens.
1 . Tokens will remain the property of the Bank.
2. Use of the Token is strictly limited to use in the delivery of Applications by the Token User in the
manner prescribed by the Bank in the Agreement(s) and these Terms and Conditions. Any other
use of the Token is prohibited.
3. The Bank assumes no responsibility or liability whatsoever for any misuse of the Token by the
Token User, other representatives of the Borrower, or third parties.
4. The Borrower undertakes to ensure, and represents and warrants to the Bank (such representation
and warranty being expressly relied upon by the Bank in delivery of a Token to each Token User)
that each Token User is provided, understands and will abide by, these Terms and Conditions of
Use, including without limitation the following:
Security
4.1. The Token User shall not reveal his/her PIN to anyone or store or record the PIN in
written or other form.
4.2. The Token User shall not allow anyone else to utilize a Token to deliver an Application
to the Bank.
4.3. The Token User shall always logout from CC when not using the system. Failure to
logout properly can create a route into the system that is unprotected.
4.4. If the Token User believe sa third party has learned his/her PIN or has lost his/her Token
he/she shall immediately notify clientconnection@worldbank.org.
4.5. The Borrower shall immediately notify the Bank at clientconnection@worldbank.org of
any lost, stolen or compromised Tokens, and take other reasonable steps to ensure such Tokens
are disabled immediately.
Care of Tokens
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4.6. Tokens contain delicate and sophisticated instrumentation and therefore should be
handled with due care, and should not be immersed in liquids, exposed to extreme temperatures,
crushed or bent. Also, Tokens should be kept more than five (5) cm from devices that generate
electromagnetic radiation (EMR), such as mobile phones, phone-enabled PDAs, smart phones
and other similar devices. Tokens should be carried and stored separate from any EMR device.
At close range (less than 5 cm), i-hese devices can output high levels of EMR that can interfere
with the proper operation of electionic equipment, including the Token.
4.7 Without derogating from :hese Terms and Conditions of Use, other technical
instructions on the proper use and care To -ens are available at http://www.rsa.com.
5. Replacement
5.1. Lost, damaged, compromised (in terms of 4.5, above) or destroyed Tokens will be
replaced at the expense of the Borrower.
5.2. The Bank reserves the right, in its sole discretion, not to replace any Token in the case of
misuse, or not to reactivate a Token User's Account
6. Reservation of Right to disable T9ken
6.1. The Borrower shall reserve the right to revoke the authorization of a Token User to use a
Token for any reason.
6.2. The Bank reserves the right, in its sole discretion, to temporarily or permanently disable a
Token, de-activate a Token User's Account or both.