CORPORATE PROCUREMENT POLICY
DOCUMENT OF THE EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT CORPORATE PROCUREMENT POLICY As approved by the Board of Directors at its meeting of 29 January 2014 2 CORPORATE PROCUREMENT POLICY TABLE OF CONTENTS EXECUTIVE SUMMARY ........................................ ........................................ ........................................ ................ 3 1. INTRODUCTION ........................................ ........................................ ........................................ ...................... 4 2. DEFINITIONS ........................................ ........................................ ........................................ ............................ 4 3. OVERVIEW.
the-shelf' software, audio-visual equipment, photocopiers, vehicles, etc. "Initial Award" means the Initial Award of a Contract or Purchase Order which encompasses the full value of the Contract or a specific Purchase Order, taking into account all of the payments to be made by the Bank under such Contract or Purchase
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