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Procurement Guidelines - Asian Development Bank

Asian Development BANKA bout the Asian Development BankADB s vision is an Asia and Pacifi c region free of poverty. Its mission is to help its developing member countries reduce poverty and improve the quality of life of their people. Despite the region s many successes, it remains home to the majority of the world s poor. ADB is committed to reducing poverty through inclusive economic growth, environmentally sustainable growth, and regional in Manila, ADB is owned by 67 members, including 48 from the region. Its main instruments for helping its developing member countries are policy dialogue, loans, equity investments, guarantees, grants, and technical Development BANK6 ADB Avenue, Mandaluyong City1550 Metro Manila, GUIDELINESAPRIL Asian Development BANKP rocurement GuidelinesAPRIL 2015 Creative Commons Creative Commons Attribution-NonCommercial-NoDerivs IGO license (CC BY-NC-ND IGO) 2015 Asian Development Bank6 ADB Avenue, Mandaluyong City, 1550 Metro Manila, PhilippinesTel +63 2 632 4444; Fax +63 2 636 ; rights reserved.

(e) the importance of transparency in the procurement process. 1.3 Open competition is the basis for efficient public procurement. Borrowers shall select the most appropriate method for the specific procurement. In most cases, international competitive bidding (ICB), …

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