제16387호                                관                   보                   2006.11.27. (월요일)
   case of a commitment procedure, shall                    necessary for the implementation of
   be collected by the Bank;                                the Project shall be selected through
 (e)All banking charges and/or costs                        competitive bidding or limited competitive
   for services rendered by banks in                        bidding among Korean firms.
   c on n e c t ion w it h d i sbu r s e m e nt s of       3. The consultants shall be employed
   the proceeds of the Loan, repayment                      through direct contracting with a Korean
   of principal or payment of interest                      firm/agency or limited competitive bidding
   payable to the Bank under the Loan                       among Korean firms/agencies.
   A g r e e m e nt s h a l l b e s ub j e c t t o a       4. The procurement contract or consulting
   banking arrangement to be concluded                      c o nt r ac t s h a l l b e c o nc lu de d w it h i n
   between the concerned banks of the                       eighteen (18) months after the effective
   two countries; and                                       date of the Loan Agreement.

 (f)In the event the Borrower fails to                     5.Details of the methods and procedures

   make payment of all or any portion                       for procurement shall be governed by the

   of the principal of the Loan or any                      Loan Agreement.

   other amount when due under the Loan                                        Article 4

   Agreement, the unpaid amount shall                       In the event the funds available from the

   bear an overdue charge at the rate                      proceeds of the Loan are insufficient for

   of two percent (2%) per annum above                     the full implementation of the Project, the

   the interest rate specified in the Loan                 Borrower shall promptly make arrangements

   Agreement.                                              to provide such funds as shall be needed.
                   Article 3                                                   Article 5
1. The eligible source countries for the                    T he p ro c e e d s of t he L o a n sh a l l b e
 procurement of goods and services to                      disbursed by the Bank to the Borrower,
 be financed out of the Loan shall be the                  or to the suppliers and the consultants
 Republic of Korea for foreign currency                    on behalf of the Borrower, in accordance
 portion and the Kingdom of Cambodia for                   with the progress of the Project, up to
 local currency portion. However, a part of                the amount of the Loan, and within the
 the goods and services, which are either                  disbursement period specified in the Loan
 impossible or uneconomical to purchase                    Agreement and in accordance with the
 from the eligible source countries, may                   disbursement procedure under the Loan
 be procured from any third country for                    Agreement.
 up to three million six hundred fifty nine                                    Article 6
 thousand US Dollars (US$3,659,000) of                      O t h e r t e r m s a n d c o n d it i o n s t o b e
 the amount of the Loan.                                   specified in the Loan Agreement shall be
2. The suppliers of goods and services                     determined through negotiations between

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