Greater flexibility. More thoughtful contract decisions. More efficient tools. A new complaint mechanism. More hands-on support.
These are what contractors and government officials can expect from the World Bank’s procurement if reforms are approved later this year.
Changes in World Bank procurement have the potential to alter the way the institution’s borrowers purchase goods and services for development projects. They could change the way developing countries manage procurement demands from multiple donors. And they could shift the way the world’s largest multilateral donor awards contracts.