On Wednesday, November 19th, Gallina Vincelette, Vice President of Operations Policy & Country Services, and Hiba Tahboub, Chief Procurement Officer at the World Bank, visited the Netherlands as part of a three-day tour of Europe, which also included stops in Brussels and Berlin. During their visit to The Hague, TIO at the Netherlands Enterprise Agency hosted a Dialogue Session with 16 representatives from Dutch companies and organizations to discuss recent World Bank procurement reforms, as well as the challenges and opportunities encountered by practitioners. In a lively and open exchange, participants shared their experiences with the Bank’s procurement system and offered practical suggestions for further improvement.
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What is rated criteria? and how does it help procurement?
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· World Bank Procurement in Investment Project Financing helps borrowers achieve sustainable development objectives through value-based, principled, and transparent procurement guidance and support.
· The World Bank Procurement Framework launched in 2016 promotes a strategic, fit-for-purpose approach to procurement that focuses on impact and overall value-for-money.
· In keeping with the value-focused approach, most World Bank-financed Procurement will require the use of Rated Criteria which will promote the inclusion of key quality and sustainability criteria rather than using just the lowest evaluated price for award decisions.
2018: New Procurement Framework Deep-Dive
On April 18th, 2018 the World Bank Group organized an all day deep dive on procurement for the PSLO’s at the Embassies. The World Bank Procurement Team highlighted the changes in the procurement framework and adressed different topics as Selection Methods for Goods, Works and Non-Consulting Services, Complaints Handling, and Standard Procurement Documents.
