Operational procurement update

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Rated Criteria!

Effective September 1, 2023, the World Bank will require the use of Rated Criteria as the default approach for most international procurements. Using Rated Criteria more widely will increase Borrowers’ flexibility to procure works, goods, and non-consulting services best suited to their specific situation and provide a more fit-for-purpose approach. Rated Criteria will also increase willingness of the best suppliers to bid and participate in Bank- financed projects—with the knowledge that their added value will be part of the evaluation, thereby increasing options, global competition, and likelihood for effective market solutions.

  • Rated criteria will contribute to combating bid rigging and reducing the risk of collusion in procurement processes. 
  • Will help create new opportunities such as improving risk management, securing supply chains, and factoring climate impacts in award decisions.
  • Combined with price and life cycle cost formulas, rated criteria provide a truer assessment of value that focuses on quality, sustainability, and other key criteria.

This approach helps create incentives for highly qualified bidders and allows them greater flexibility to provide tailored and innovative solutions.

On June 8th, the Embassy of the Kingdom of the Netherlands in Washington D.C. and the Netherlands Enterprise Agency organized a webinar on the Updated World Bank Procurement Framework – Rated Criteria. For your convenience, please see below.

Rated Criteria Webinar

World Bank Group: The time is right to strengthen implementation of the value for money approaches on which the Bank’s Procurement Framework is predicated.

“We look forward to advancing the use of rated criteria in procurement to help our borrowers get the best possible value for money as they leverage procurement to help meet their development goals,” remarked Ed Mountfield, Vice President, Operations Policy, and Country Services (OPCS), World Bank. “This will further strengthen our commitment to sustainability and fit-for-purpose solutions to address global and local challenges.”