Procurement Principles and Rules - BSTDB

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Procurement Principles & Rules Page 1 of 28 Procurement Principles and Rules Procurement Principles and Rules for operations financed by the Black Sea Trade and Development Bank ( BSTDB ) 1 INTRODUCTION 3 2 Principles AND CONSIDERATIONS 4 APPLICABILITY IN CO-FINANCED OPERATIONS 4 ELIGIBILITY 4 CLIENT RESPONSIBILITIES 5 FRAUD AND CORRUPTION 5 Procurement DOCUMENTATION

Procurement Principles & Rules Page 3 of 28 . 1 I. NTRODUCTION. 1.1 Further to the mandate of the Bank, as set forth in the Agreement Establishing the Black Sea Trade and Development Bank, the purpose of this policy document is to set out the principles and rules that apply to clients. 1. when they contract to procure: a.

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