According to the bank's website, "The proposed additional financing will finance cost overruns experienced in the ongoing project and additional scope (tertiary distribution network) to further ensure achievement of project outcome.
The proposed additional financing will cover the remaining works of Package 1, and most of the works of Packages 2 and 3.1 which are scheduled to be awarded by the end of 2020. For Package 2, the contract price (ADB fund) is likely to be around $58.8 million, an increase by around 6% from the cost estimate at the appraisal of the ongoing project, which is within a generally acceptable range. For Package 3.1, the technical bid evaluation report is currently under ADB's review. Large cost increase is not anticipated in this package because the bids were based on detailed design and the nature of works are relatively simple. Government has proposed an additional scope, Package 3.2, with estimated cost of $39.3 million. Issuance of invitation for bid of Package 3.2 is targeted in late September 2020, with contract award targeted in June 2021. Again, large cost increase is not anticipated for this package due to the same reasons as mentioned earlier for Package 3.1. The impact, outcomes, and outputs of the overall project will remain the same as the ongoing project, except for (i) additional indicator for Output 1 for Package 3.2, and (iii) additional Output 4 for the ADF grant."
Responsible ADB Officer Tada, Momoko
Responsible ADB Department South Asia Department
Responsible ADB Division Urban Development and Water Division, SARD
Dhaka Water Supply and Sewerage Authority
98 Kazi Nazrul Islam Avenue, Kawran Bazar, Dhaka
ACCESS TO INFORMATION
You can submit an information request for project information at: https://www.adb.org/forms/request-information-form
ADB has a two-stage appeals process for requesters who believe that ADB has denied their request for information in violation of its Access to Information Policy. You can learn more about filing an appeal at: https://www.adb.org/site/disclosure/appeals
ACCOUNTABILITY MECHANISM OF ADB
The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main.