Preventing and controlling corruption: A modern approach to procurement

Supporting good governance and addressing corruption are integral to the Bank’s modern_procurement_blogdevelopment work. Introduced in July 2016, the World Bank’s Procurement Framework plays an important role in this effort by emphasizing value for money (vfm) and fair competition and the highest level of integrity to encourage the participation of the best-performing suppliers. 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.

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2018: New Procurement Framework Deep-Dive

i-love-procurement2On 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.

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