NEA required Laneco to maintain the following: system loss at a single digit level, collection efficiency not lower than 95%, current status of payment with power providers such as the National Power Corporation or any other generating company and the National Transmission Corporation (TransCo)/National Grid Corporation of the Philippines (NGCP) and non-power cost within the approved cash operating budget level. The coop must also file an application for the rate adjustment with the Energy Regulatory Commission (ERC) in case of insufficient rate. Since release of the loan is on a five-year staggered basis, subsequent issuance is subject to submission/evaluation of progress accomplishment report on the previous one. Releases are subject to existing NEA policies and to other conditions as the NEA Board may impose in the future.