The World Bank’s Procurement Framework has been in operation since July 2016. The Framework’s vision is that procurement in IPF operations supports Borrowers to achieve value for money with integrity in delivering sustainable development. It promotes tailored procurement approaches that emphasize choice, quality, and value for public spending, while enabling adaptation to country contexts. It allows projects to respond quickly to emerging needs and helps client countries determine the best value for money to ensure quality outcomes and sustainability over the life of a project. By focusing on market research, needs analysis, and project-specific risks, including environmental and social issues, we support countries to develop procurement strategies and plans that meet their needs and ensure successful implementation. For more detailed information on the Procurement Framework and supporting documents go to Procurement Framework for IPF Projects - For Projects after July 1, 2016 Key Framework Documents Within the Framework are four mandatory documents:
Procurement Principles The Regulations are guided by seven core procurement principles: value for money, economy, integrity, fit for purpose, efficiency, transparency, and fairness. In supporting the core procurement principles, the Regulations provide many choices for Borrowers to design the right approach to market, while also specifying the procurement process rules in a manner which is easier for all to understand. The Framework approach includes four key points to help country clients and businesses:
Key Procurement Staff
Project Procurement Before July 2016 The Procurement Framework applies to all projects with a concept note on or after July 1, 2016. This does not yet apply to the World Bank’s entire active portfolio. Projects initiated prior to that date are governed by the Guidelines for Procurement and Guidelines for the Selection of Consultants. For more detailed information on these Guidelines and supporting documents go to Project Procurement – Policies, Guidelines, Documents for Projects Before July 2016 - For Projects after July 2016
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