Transcription of Revised internal purchasing policy and procedures …
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Revised internal purchasing policy and procedures …
DOCUMENT OF THE EUROPEAN BANKFOR RECONSTRUCTION AND DEVELOPMENTR evised internal PurchasingPolicy and procedures Contents Sections Section I General policy and Information The policy 1 Purpose 1 Introduction 1 Objectives 2 Approach 2 Principles 2 purchasing Methods and Thresholds 4 Exceptions 4 Ethical Behaviour 5 Disposal of Fixed Assets 5 Section II purchasing Management The procedures 6 Definitions 6 Planning 7 Early Notification 8 purchasing Requests 9 Competitive purchasing 9 Written Solicitation 10 Preparation of Documentation 11 Legal Status of the Bank 11 Price Adjustment 11 Open Tendering 12 Advertised Competition 12 Pre-Qualification 12 Mid-Tender Meeting 12 Opening and Inspection of Tenders 13 Changes to Tenders 13 Evaluation of Tenders 13 Rejection of Tenders 14 Award of Contract 14 Contract Administration 15 Debriefing Unsuccessful Tenderers 16 Complaints 16 Payment 16 Annex 1 Terms of Reference of the purchasing Review Committee 17 1 Section I General policy and Information The policy Purpose The internal purchasing policy and procedures ( the policy ) contained within this documentis designed to ensure that the purchase of all goods, services and works required for thesatisfa
1 Section I General Policy and Information – The Policy Purpose The Internal Purchasing Policy and Procedures (‘the Policy’) contained within this document
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