The new Procurement Framework, effective since July 2016, allows the World Bank to better respond to the needs of client countries, while preserving robust procurement standards throughout Bank-supported projects.The new Framework enhances the ...

The World Bank has revised its Standard Procurement Documents and incorporated changes to enhance Environmental, Social, Health and Safety (ESHS) performance. The Works’ Requirements shall now include ESHS requirements to be satisfied by the Contract ...

Public procurement represents a substantial part of the EU economy and the economies of many countries around the world. The EU has opened its public procurement markets to a significant degree to competitors from third countries and has frequently ...

Since 2016, the World Bank’s Procurement Framework has encouraged the use of rated criteria to evaluate quality, sustainability, and innovative aspects of bids in decision making. Now the Bank has announced on its Website that it will require as of ...

Two weeks ahead of a fundamental policy shift of the World Bank, which has announced to require as of 1st September 2023 the use of Rated Criteria as the default approach for most international procurements, EIC has published a new ‘Standard ...

For more than a decade, our sectors have observed a growing interest from third country SOEs in the European procurement market for construction works, dredging services and rail equipment. This phenomenon has accelerated over the last three years. ...

The procurement process should inspire the participating tenderers to make optimal use of their experience, technological and financial capabilities and creativity to provide solutions which optimises the balance between technical and financial ...

EIC analysed the recent changes in the World Bank procurement policy with the World Bank Vice President for Operations Policy & Country Services, Ed Mountfield, at a meeting in Brussels.

"The access of Chinese state-owned enterprises (SOE) to EU public procurement markets has become an active issue again" says FIEC President Kjetil Tonning and continues, "Considering that China excludes foreign contractors from domestically financed ...

EIC President Philippe Dessoy presented on 24 March EIC’s new Corporate Responsibility Report and recommendations for Best-Value-for-Money Procurement at the African Union headquarters in Addis Ababa. Minister of Construction attends event ...

The Carnegie Endowment for International Peace (CEIP) publishes study ‘Hard Cash and Soft Power: When Chinese Firms Win EU Contracts’, and recommends that policymakers in Brussels should implement changes to the European Union’s procurement policy.

The habit of submitting Abnormally Low Tender (ALT) prices under works contracts and the associated issues surrounding this problem has prompted the Multilateral Development Banks to identify a mechanism to curtail such practices.Whereas an ALT may ...