Transcription of PROCUREMENT POLICIES AND PROCEDURES
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PROCUREMENT POLICIES AND PROCEDURES
NORTH AMERICAN. DEVELOPMENT BANK. PROCUREMENT . POLICIES AND PROCEDURES . PROCUREMENT POLICIES and PROCEDURES 2. PROCUREMENT POLICIES and PROCEDURES 3. CONTENTS. 1. INTRODUCTION ..4. 2. PRINCIPLES AND CONSIDERATIONS ..5. ELIGIBILITY ..5. BORROWER COMMUNITY PARTICIPATION IN PROCUREMENT ..6. 3. PROCUREMENT PROCEDURES FOR PUBLIC SECTOR GENERAL ..6. APPLICABILITY OF THE PROCUREMENT PROCESS ..7. PROCUREMENT PLANNING ..8. NOTIFICATION ..8. OPEN BIDDING (INTERNATIONAL COMPETITIVE BIDDING)..9. EXCEPTIONS TO OPEN BIDDING ..9. BID DOCUMENTATION .. 10. ELIGIBILITY TO SUBMIT 13. BID OPENING .. 14. BID EVALUATION AND CONTRACT AWARD .. 14. ADVANCE CONTRACTING/RETROACTIVE FINANCING .. 15. CONTRACT ADMINISTRATION .. 15. PROCUREMENT MONITORING AND BANK REVIEW .. 15. 4. PROCUREMENT IN PRIVATE SECTOR OPERATIONS .. 16. PROCUREMENT UNDER BOT (B UILD-OPERATE -TRANSFER) AND SIMILAR PRIVATE SECTOR. 16. PROCUREMENT IN LOANS TO FINANCIAL INTERMEDIARIES .. 17. PROCUREMENT UNDER LOANS GUARANTEED BY THE BANK.
Procurement Policies and Procedures 4 1. INTRODUCTION 1.1 In order to carry out its mandate, the North American Development Bank (the Bank) needs to promote economy and efficiency in its operations.
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