Consulting firms approve, question new ADB procurement

The Asian Development Bank logo at the headquarters. Photo by: REUTERS / Cheryl Ravelo

MANILA — It’s been more than a year since the Asian Development Bank unveiled its new procurement framework. While some consulting firms find some of its components helpful, there remain some questions and hope for improvement.

ADB’s board of directors approved the bank’s new procurement framework in 2017. It aims to cut short the bank’s procurement cycle, put more emphasis on quality, and improve the bank’s delivery systems.

About the author

  • Ravelo jennylei

    Jenny Lei Ravelo

    Jenny Lei Ravelo is a Devex Senior Reporter based in Manila. She covers global health, with a particular focus on the World Health Organization, and other development and humanitarian aid trends in Asia Pacific. Prior to Devex, she wrote for ABS-CBN, one of the largest broadcasting networks in the Philippines, and was a copy editor for various international scientific journals. She received her journalism degree from the University of Santo Tomas.