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 Co
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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