47 Second Amendment to the Administration Agreement for European Union Contributions for the Programmatic Trust Fund for World Bank Knowledge and Advisory Services in Purs the Objectives of the EUROPE2020 Agenda (TF071818) (No CCI2011CE160AT at, ABAC Contracts No 30-CE-0551676/00-54) *** Extension of the IESP End Disburseme-,Dato, Amendment of Output Deliverables Timetable and Update of Indicative Budget ** 2 9 SEP. 2014 The Following provisions of the Administration Agreement for European Union Contributions for the Programmatic Trust Fund for World Bank Knowledge and Advisory Services in Pursuit of the Objectives of the EUROPE2020 Agenda (TFO71818) for the Income and Employment Support Policies (IESP) (EC contract No. CCI201 1CE160AT105 ABAC Contracts-No 30-CE-0551676/00-54) ("Income and Employment Support Policies (IESP)") are hereby replaced as follows: 1. "Section 2.03. It is expected that the IESP Contribution will be fully utilized in accordance with the provisions of this Administration Agreement by April 30, 2015 ("IESP End Disbursement Date"). The IESP End Disbursement Date can only be modified with the agreement of both Parties pursuant to Article 9 of the General Conditions." 2. The Table "Output Deliverables Timetable" in Section 2 of the Annex L.A of the Administration Agreement is modified to read as per the attachment I to this letter agreement. 3. The Annex III (Proposed indicative budget for the program and IESP activities) to the Administration Agreement is modified to read as per the attachment II to this letter agreement. Except as specifically amended herein, all other provisions of the Agreement remain in full force and effect. This Amendment will become effective upon signature by the parties. AGREED: AGREED: EUROPEAN COMMISSION INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT By .By: Name: CName: Mamta Murthi Title: Title: Regional Director Central Europe and the Baltic Countries Date : Date: - 1- At achment I Output delivery timetable No. Stage/Activity Time needed Delivery Calendar time Outputs for output Schedule (from date of first payment) 1 Draft output for first country 2 month 3 month October 7, 2013 Draft paper outlining the main custers obtained; along w th a brief review of activatijn in the country. 2 Draft output for second 1 month 3.5 months October 18, 2013 Draft paper outlining the country main c sters obtained; along w th a brief review of activati n in the country. 3 Feedback from EC on draft 0.5 months 4 months October 30, 2013 Comme ts on draft outputs for first and second outputs of first and second country country 4 Draft output for third country 1.5 months 4.5 months November 15, 2013 Draft paper outlining the main clsters obtained; along wth a brief review of activation in the country. 5 Draft output for fourth 1.5 months 5 months November 30, 2013 Draft paper outlining the country main clsters obtained; along w th a brief review of activatin in the country. 6 Finalized output for first and 2 months 5.5 months December 15, 2013 Finalize d paper for first second country country and second I_ _ country 7 Feedback from EC on draft 0.5 months 5.5 months December 15, 2013 Comme ts on draft outputs for third and fourth outputs of third and fourth country country 8 Draft output for fifth and 3 months 7 months January 30, 2014 Draft paper outlining the sixth country main clusters obtained; along with a brief review of activation in each country. 9 Finalized output for third and 2 months 8 months February 28, 2014 Finalized paper for third fourth country country and fourth country. 10 Feedback from EC on draft 0.5 months 8 months February 28, 2014 Comments on draft outputs for fifth and sixth outputs of fifth and sixth country country 11 Finalized output for fifth and 2 months 9 months March 30, 2014 FinalizedI paper for fifth sixth country and sixth country. 12 Conduct workshop jointly 2 months 11 months May 30, 2014 The wo kshop will be with European Commission conduc ed in the second quarter of 2014 13 Print and disseminate the 11 months 22 months April 30, 2015 Presentations at ISG "Portraits" synthesis report committee; final report that integrates all country and surmary material, specific reports publish d book; other dissemination events according to dissemination plan - 2- Att chment II ANNEX III OF THE ADMINISTRATION AGREEMENT PROPOSED INDICATIVE BUDGET FOR THE PROGRAM AND IESP ACTIVITIES Proposed Program Indicative Budget Item Staff & Consultant Cost 3,356,005 Travel Expenses 772,035 Translation 104,160 Training costs 76,600 Workshop Costs 128,700 Workshop Participant Travel 59,000 Incremental Operating Costs 15,500 Total Amount 4,512,000 Bank Administration fee (6%) 288,000 Total * 4,800,000 Proposed IESP Activities Indicative budget (Euros) Item Staff & Consultant Cost 225,000 Travel Expenses 30,000 Translation 0 Training costs 0 Workshop Costs (including printing 27,000 and dissemination) Incremental Operating Costs 0 Total Amount 282,000 Bank Administration fee (6%) 18,000 Total 300,000 *The total amount of the budget for the Program will be updated from time to time upon IBRD receiving Additional Contributions from the Commission under the framework of the Programmatic Trust Fund (TF07818). In such cases, the revised and updated total budget for the Program will be deemed to have been agreed by both parties upon signature of any Administrative Agreement(s) for an additional Contribution without the need to further amend this Agreement or any other Administration Agreement under the Programmatic Trust Fund. - 3-