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{
    "id": 1127132,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1127132/?format=api",
    "text_counter": 26,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "a buyer loan credit agreement was signed on 4th September 2018 and thereafter a notice to effectuation of loan was effected on 24th September 2019 where 85% EXIM Bank funding was effected; THAT, 15% counterpart funding from the Government of Kenya is still pending while the insurance premiums were already paid to China Export and Credit Insurance Corporation and a performance and advance payment guarantee submitted by the contractor on 29th July 2019, but who is yet to be paid; THAT, an operation plan agreement was drafted jointly by NWHSA and Bomet County Government, but the draft plan could not be implemented owing to a change of position by the Kenya Forest Service (KFS) which refused to approve the site after initially, and on record, approving it; THAT, the Attorney-General issued an undertaking committing the Government of Kenya to the project; THAT, the project is executed on the platform of financing, designing and constructing model with due procurement processes duly adhered to in line with the Public Procurement and Assets Disposal Act 2015 where the contract was eventually awarded to M/s China Geo- Engineering Corporation International Ltd (CGCINT) with the loan becoming effective from September 2019 with a plan to have it executed and completed in three (3) years; THAT, the delayed payment of 15% counterpart funding equivalent to Kshs3.06 billion and the refusal by the Kenya Forest Service to approve access to the dam site No.1, which according to feasibility studies shows it is technically viable and has all necessary dam The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}