Supporting good governance and addressing corruption are integral to the Bank’s development work. Introduced in July 2016,VfM means the optimal combination of quality, whole-life costs and sustainability. This approach also enables selection of innovative technologies to address complex development challenges.
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.