The World Bank works to ensure that procurement in projects financed by the International Bank for Reconstruction and Development (IBRD) and or the International Development Association (IDA) is conducted in accordance with its Articles of Agreement. The articles require the Bank to make arrangements to ensure that loan proceeds are used only for the purposes for which the loan was granted. The articles require proper attention to be paid to economy and efficiency. Political and other non-economic influences or considerations must not influence procurement in Bank projects.
The Bank gives equal importance to supporting the management and reform of public procurement systems in borrower countries. Increasing the efficiency, fairness, and transparency of the expenditure of public resources is critical to sustainable development and the reduction of poverty.
This website contains four main topics:
Information for Borrowers- a repository of information, documents, and guidance for government agencies responsible for implementing World Bank-financed projects.
Bidding/Consulting Opportunities- a portal for the business community seeking to participate in business opportunities that are generated from World Bank-financed projects.
Policies and Procedures- a listing of World Bank procurement policies and procedures. The sections also provide short cuts that take you directly to the most frequently requested procurement documents and pages.
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