The World Bank Implementation Status & Results Report SERBIA ROAD REHABILITATION AND SAFETY PROJECT (P127876) SERBIA ROAD REHABILITATION AND SAFETY PROJECT (P127876) EUROPE AND CENTRAL ASIA | Serbia | Transport Global Practice | IBRD/IDA | Investment Project Financing | FY 2013 | Seq No: 12 | ARCHIVED on 17-Dec-2019 | ISR39751 | Implementing Agencies: Republic of Serbia, Public Enterprise Roads of Serbia Key Dates Key Project Dates Bank Approval Date: 26-Apr-2013 Effectiveness Date: 24-Oct-2014 Planned Mid Term Review Date: 13-Nov-2017 Actual Mid-Term Review Date: 13-Nov-2017 Original Closing Date: 31-Oct-2018 Revised Closing Date: 30-Jun-2020 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The proposed PDO is to improve the condition and safety of the National Road Network for road users by supporting the Republic of Serbia in the implementation of the first phase of its National Road Network Rehabilitation Program. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Road Rehabilitation and Safety Investments (264 million Euros):(Cost $357.72 M) Institutional Strengthening (3.10 million Euros):(Cost $4.20 M) Project Detailed Design, Supervision, Management and Monitoring (18.4 million Euros):(Cost $25.56 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating Moderate Moderate Implementation Status and Key Decisions All 9 sections (total 121.4 km) under the revised works implementation program have been tendered, and significant progress has taken place during the 2019 construction season. 2018 end-of-the-year conversion of about Euro 6 million (involving all three DLIs) has been completed in June 2019. DLI2 and DLI3 regarding road safety and PBMCs have been mostly completed, while conversion of disbursements for DLI1, referring to the cumulative km of road rehabilitated and safety measures incorporated under the project, will be realized in the 2019 and 2020 conversions as most sections were tendered during summer 2019. Since the previous ISR, implementation performance and environmental risks management has improved, and rating for the environmental safeguards related activities is upgraded from Moderately Satisfactory to Satisfactory. Social safeguards performance continues being satisfactory. Financial Management arrangements for planning and budgeting, accounting, financial reporting, internal 12/17/2019 Page 1 of 5 The World Bank Implementation Status & Results Report SERBIA ROAD REHABILITATION AND SAFETY PROJECT (P127876) controls and flow of funds are assessed to be satisfactory. Overall, project rating for achievement of PDO is maintained at its current Moderately Satisfactory level. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- Substantial Substantial Macroeconomic -- Moderate Moderate Sector Strategies and Policies -- Moderate Moderate Technical Design of Project or Program -- Moderate Moderate Institutional Capacity for Implementation and Sustainability -- Moderate Moderate Fiduciary -- Moderate Moderate Environment and Social -- Substantial Moderate Stakeholders -- Low Low Other -- -- -- Overall -- Moderate Moderate Results PDO Indicators by Objectives / Outcomes To improve the condition and safety of the Serbian National Road Network for road users IN00779116 ►Reduction in road traffic accidents with fatalities on the improved roads in the first phase of NRNRP (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 100.00 100.00 100.00 90.00 Date 30-Apr-2014 03-Dec-2018 05-Dec-2019 30-Jun-2020 As the roads are still under construction, with the first sections being completed this month, it is too early Comments: to make before/after comparisons. IN00779117 ►Improvement in road conditions measured by a reduction in the average IRI for the roads in the first phase of NRNRP (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target 12/17/2019 Page 2 of 5 The World Bank Implementation Status & Results Report SERBIA ROAD REHABILITATION AND SAFETY PROJECT (P127876) Value 5.34 4.70 3.19 2.50 Date 30-Oct-2014 03-Dec-2018 05-Dec-2019 30-Jun-2020 This component considers improvement in road condition of 16 project sections (Contracts) in total length of 251.9 km financed by World Bank. It includes 6 RRSP Emergency Work Contracts that have been completed in 2016 and 2017 and 10 RRSP Regular Work Contracts which have been mainly started in 2019 and not completed yet. Only 2 Regular Works contract are completed or will be completed by the end of 2019. The remaining 12 Regular Works Contacts will be completed during the 2020 (by t he end of June 2020.) Consequently, targeted value of average IRI=2.5 m/km on the WB sections by the end of Comments: 2019 is not achiev ed. Based on the measurements it is estimated that average IRI weighted by section length by the end of 2019 will be IRIavg = 3.19 m/km, what is about 28% higher than targeted by PDO. However, when the Works are completed during the 2020, i t is estimated that average IRI weighted by section length by the end of 2020 will be IRIavg = 1.87 m/km, what is about 34% less than targeted by PDO (IRIavg=2.5 m/km). Intermediate Results Indicators by Components Road Rehabilitation and Safety Investments (264 million Euros) IN00779118 ►Roads in good and fair condition as a share of total classified roads (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 58.79 58.79 64.70 61.30 Date 30-Oct-2014 03-Dec-2018 05-Dec-2019 30-Jun-2020 PDO fulfilled. At the end of 2019, 64.7% of the surveyed state road network is in good and fair condition Comments: as a part of total surveyed national road network (target value 61.3%). IN00779121 Size of the total classified network (Kilometers, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 16,900.00 16,900.00 16,900.00 16,900.00 IN00779122 ►Roads rehabilitated, Non-rural (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 132.20 157.00 248.60 Date 15-Dec-2014 03-Dec-2018 05-Dec-2019 30-Jun-2020 Year-end targets are shifted as the actual tenders were mostly made in 2018 winter months and works Comments: could only start by summer 2019. Institutional Strengthening (3.10 million Euros) IN00779119 ►Road Condition Survey Completed on National Roads (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target 12/17/2019 Page 3 of 5 The World Bank Implementation Status & Results Report SERBIA ROAD REHABILITATION AND SAFETY PROJECT (P127876) Value 0.00 0.00 11,456.00 9,000.00 Date 30-Oct-2014 03-Dec-2018 05-Dec-2019 30-Jun-2020 PDO fulfilled. 11,456 km of Road Network Condition Survey on National Roads is completed by PBMC Road Network Survey (target value 9,000 km). Comments: IN00779120 ►Safety Inspection of National Roads beyond the first phase of NRNRP (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1,016.00 1,016.00 1,000.00 Date 30-Oct-2014 03-Dec-2018 05-Dec-2019 30-Jun-2020 PDO target already met Comments: IN00779123 ►PBMC Contracts in Implementation (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 3,000.00 3,000.00 3,000.00 Date 30-Oct-2014 03-Dec-2018 05-Dec-2019 30-Jun-2020 Target already met Comments: IN00779124 ►Implementation of a circular for the preparation of rehabilitation program based socioeconomic & regional considerations (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target None, except for on IFI None, except for on IFI None, except for on IFI Implementation of a Value funded projects funded projects funded projects circular Date 30-Oct-2014 03-Dec-2018 05-Dec-2019 30-Jun-2020 Will be issued later (early 2020) to take note of the project results for better quality Comments: Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P127876 IBRD-82550 Effective USD 100.00 76.43 23.57 58.90 4.92 92% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date 12/17/2019 Page 4 of 5 The World Bank Implementation Status & Results Report SERBIA ROAD REHABILITATION AND SAFETY PROJECT (P127876) P127876 IBRD-82550 Effective 26-Apr-2013 27-Nov-2013 24-Oct-2014 31-Oct-2018 30-Jun-2020 Cumulative Disbursements Restructuring History Level 2 Approved on 13-Jan-2015 ,Level 2 Approved on 26-Jun-2018 Related Project(s) There are no related projects. 12/17/2019 Page 5 of 5