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This document provides comprehensive guidelines for the procurement of goods and works financed by loans from the International Bank for Reconstruction and Development (IBRD) and credits from the

How to fill out guidelines procurement under ibrd

How to fill out Guidelines Procurement under IBRD Loans and IDA Credits

1. Read through the official Guidelines for Procurement under IBRD Loans and IDA Credits to familiarize yourself with the requirements.
2. Identify the type of procurement needed for your project and which section of the guidelines applies.
3. Prepare a procurement plan that outlines the goods, works, and services required, including estimated costs and timelines.
4. Ensure that all procurement processes comply with the principles of transparency, fairness, and competition as outlined in the guidelines.
5. Draft clear and detailed bidding documents tailored to the specific procurement process you are undertaking.
6. Advertise the procurement opportunity through appropriate channels to reach potential bidders.
7. Evaluate bids based on pre-established criteria and document the evaluation process thoroughly.
8. Award the contract to the selected bidder and notify all participants about the decision.
9. Ensure the signed contract includes all necessary terms and conditions as per the guidelines.
10. Maintain accurate records throughout the procurement process for auditing and compliance purposes.

Who needs Guidelines Procurement under IBRD Loans and IDA Credits?

1. Government agencies and ministries involved in projects funded by IBRD Loans and IDA Credits.
2. Contractors and suppliers seeking to participate in procurement processes funded by the World Bank.
3. Project managers and staff responsible for overseeing procurement in World Bank-funded projects.
4. Consultants engaged in advising on procurement practices under IBRD Loans and IDA Credits.

People Also Ask about

Is IDA under World Bank?

The International Development Association (IDA) is the part of the World Bank that helps the world's low-income countries.

What is the meaning of IDA?

The name has an ancient Germanic etymology, according to which it means 'industrious' or 'prosperous'. It derives from the Germanic root id, meaning "labor, work" (also found in "Iði"). Alternatively, it may be related to the name of the Old Norse goddess Iðunn.

What is the meaning of IBRD loans and IDA credits?

The International Bank for Reconstruction and Development (IBRD) lends to governments of middle-income and creditworthy low-income countries. The International Development Association (IDA) provides interest-free loans – called credits – and grants to governments of the poorest countries.

What is the difference between the World Bank and the IBRD?

IBRD is the original World Bank institution. It works closely with the rest of the World Bank Group to help developing countries reduce poverty, promote economic growth, and build prosperity.

What is the difference between IDA and IBRD?

The initial mission of the IBRD in 1944, was to finance the reconstruction of European nations devastated by World War II. The IBRD and the concessional lending institution, the International Development Association (IDA), are collectively known as the World Bank as they share the same leadership and staff.

What is the difference between IBRD and IDA?

The International Bank for Reconstruction and Development (IBRD) lends to governments of middle-income and creditworthy low-income countries. The International Development Association (IDA) provides interest-free loans – called credits – and grants to governments of the poorest countries.

For pdfFiller’s FAQs

What is Guidelines Procurement under IBRD Loans and IDA Credits?

Guidelines Procurement under IBRD Loans and IDA Credits refers to the set of rules and procedures established by the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA) for the procurement of goods, works, and services financed by their loans or credits. These guidelines ensure that procurement processes are transparent, competitive, and promote fairness, integrity, and efficiency.

Who is required to file Guidelines Procurement under IBRD Loans and IDA Credits?

Entities that are beneficiaries of IBRD Loans and IDA Credits, including governments, public agencies, and other organizations involved in projects financed by the IBRD and IDA, are required to adhere to and file Guidelines Procurement.

How to fill out Guidelines Procurement under IBRD Loans and IDA Credits?

To fill out Guidelines Procurement documentation, entities must follow the prescribed formats outlined in the IBRD and IDA procurement guidelines, ensuring that all necessary details regarding the procurement process, including project information, bidder evaluation, contract awards, and implementation status, are accurately documented.

What is the purpose of Guidelines Procurement under IBRD Loans and IDA Credits?

The purpose of Guidelines Procurement is to promote the efficient use of funds, ensure transparency in procurement processes, safeguard the interests of stakeholders, and foster competitive practices in the award and execution of contracts financed through IBRD Loans and IDA Credits.

What information must be reported on Guidelines Procurement under IBRD Loans and IDA Credits?

The information that must be reported includes details of the procurement method used, the names of awarded contractors, the amounts of contracts, the nature of goods, works, or services procured, and the progress of contract implementation. Additionally, any changes or deviations from the original procurement plan must be reported.