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Procurement Principles and Rules

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 and Rules may be waived, in which event all procurement shall be subject to the requirements of the co-financing party. When projects are co-financed on a parallel basis, the co-financiers’ procurement procedures would be …

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