management agreement with the EIB in order to implement project Energy Distribution Loss Reduction Programme FED/2015/366-355 This management agreement serves purpose to implement the CIF project FED/2015/366-355 in the Dominican Republic. Through the loan agreement of the European Investment Bank coupled with the grant of the European Commission, the electricity distribution companies will gradually reduce the risk of cuts in the energy supply and will promote a culture of payment. The project will support the reduction of a significant number of illegal power lines that constitute a danger to public health as well as electricity waste. In addition to technical investments, it will also contribute to improving business efficiency of the Electricity Distribution Companies (EDEs), thereby enhancing the financial sustainability of the sector and limiting their dependence on government transfers. The project will also include a social program that will allow EDEs to work with local communities to offer educational programs on the safe and efficient use of electricity.