OfFfICIAL F SG J / o 69/ 2013 The World Bank ux uv . (202) 477-1234 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Washington, D.C. 2 433 Cable Address: INTBAFRAD INTERNATIONAL DEVELOPMENT ASSOCIATION f Cable Address: INDEVAS May 13, 2013 Dr. Sergio L6pez Ayll6n Director General Centro de Investigaci6n y Docencia Econ6micas (CIDE) Carretera M6xico-Toluca 3655 Colonia Lomas de Santa Fe 01210 M6xico, D.F. Re: Regional Centers for Learning on Evaluation and Results in Mexico Project (CLEAR Grant No. TF013175) Dear Dr. L6pez Ayll6n, In response to the request for financial assistance made on behalf of Centro de Investigaci6n y Docencia Econdmicas ("CIDE" or "Recipient"), I am pleased to inform you that the International Bank for Reconstruction and Development ("World Bank"), acting as administrator of grant funds provided by various donors ("Donors") under the Trust Fund for Regional Centers for Learning on Evaluation and Results No. TFO71407 ("CLEAR Trust Fund"), proposes to extend to the Recipient for the benefit of the Member Countries (as defined in the Annex to this Agreement), a grant in an amount not to exceed five hundred ninety-five thousand United States Dollars (U.S. $595,000) ("Grant") on the terms and conditions set forth or referred to in this letter agreement ("Agreement"), which includes the attached Annex, to assist in the financing of the project described in the Annex ("Project"). This Grant is funded out of the abovementioned trust fund for which the World Bank receives periodic contributions from the Donors. In accordance with Section 3.02 of the Standard Conditions (as defined in the Annex to this Agreement), the World Bank's payment obligations in connection with this Agreement are limited to the amount of funds made available to it by the Donors under the abovementioned trust fund, and the Recipient's right to withdraw the Grant proceeds is subject to the availability of such funds. The Recipient represents, by confirming their agreement below, that they are authorized to enter into this Agreement and to carry out the Project in accordance with the terms and conditions set forth or referred to in this Agreement. Please confirm the Recipient's agreement to.the foregoing by having an authorized official of the Recipient sign and date an original copy of this Agreement, and returning it to the World Bank. This Agreement shall become effective upon receipt by the World Bank of: (a) an original copy of this Agreement countersigned by the Recipient; (b) an Annual Work Plan (as defined in the Annex) for the first year of Project implementation, acceptable to the World Bank, and (c) evidence, acceptable to the World Bank, that the Recipient's annual approved budget includes the Grant proceeds. Upon compliance with the above mentioned conditions, the World Bank will send a notice of effectiv the Recipient. Uo o Provided, however, that the offer of this Agreement shall be deemed withdrawn if the World Bank has not received the countersigned copy of this Agreement within 90 days after the date of signature of this Agreement by the World Bank; unless the World Bank shall have established a later date for such purpose. Very truly yours, INTERNATIONAL BAR RECONSTRUCTIO AND PMEN By C 2 Fb,7- Hans-Martin Boehmer Senior Manager IEGCS Independent Evaluation Group AGREED: CENTRO DE INVEST GACION Y DOC CAS (CIDE) B: A horized e entative Name: SkA00~i A It. Title: R1 C-AL, Date: 0-4 / 0 / p2 IN WITNESS: UNITED MEXICAN STATES Secretaria de Haecinday-Cr6dito Pblico By: Authorize9Representative Title7Ak k- \k U60adcAJe k iod 1 OC-C