Example: bankruptcy

Standard Procurement Standard Procurement …

Evaluated Bid price Procurement GUIDANCE. Standard Procurement Documents An overview for practitioners November 2016. Published November 1, 2016 First Edition Copyright 2016. The World Bank 1818 H Street NW. Washington DC 20433. Telephone: 202-473-1000. Internet: Disclaimer This work is a product of the staff of The World Bank. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent.

Nov 01, 2016 · BidderBidder A firm or joint venture that submits a Bid for Goods, Works, or Non-consulting Services in response to a Request for Bids. BoBBooBorrower rrowerrrower A borrower or recipient of Investment Project Financing (IPF) and any other entity involved in the implementation of a project financed by IPF.

Tags:

  Standards, Venture, Procurement, Financing, Standard procurement standard procurement

Information

Domain:

Source:

Link to this page:

Please notify us if you found a problem with this document:

Other abuse

Advertisement

Transcription of Standard Procurement Standard Procurement …

1 Evaluated Bid price Procurement GUIDANCE. Standard Procurement Documents An overview for practitioners November 2016. Published November 1, 2016 First Edition Copyright 2016. The World Bank 1818 H Street NW. Washington DC 20433. Telephone: 202-473-1000. Internet: Disclaimer This work is a product of the staff of The World Bank. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent.

2 Rights and Permissions The material in this work is subject to copyright. Because The World Bank encourages dissemination of its knowledge, this work may be reproduced, in whole or in part, for noncommercial purposes as long as full attribution to this work is given. Any queries on rights and licenses, including subsidiary rights, should be addressed to: Office of the Publisher The World Bank 1818 H Street NW. Washington, DC 20433. USA. Fax: 202-522-2422. Email: The World Bank Procurement Guidance Common abbreviations and defined terms This section explains the common abbreviations and defined terms that are used in this Guidance.

3 Defined terms are written using capital letters. Abbreviation / term Full terminology / definition Applicant A firm, joint venture or Consultant that submits an Application in response to an invitation for Prequalification, Initial Selection or Shortlisting. Application A document submitted by an Applicant in response to an invitation for Prequalification or Initial Selection. BAFO Best and final offer. Bank IBRD and/or IDA (whether acting on its own account or in its capacity as administrator of trust funds provided by other donors).

4 Bid An offer, by a firm or joint venture , in response to a Request for Bids, to provide the required Goods, Works or Non-consulting Services. Bidder A firm or joint venture that submits a Bid for Goods, Works, or Non-consulting Services in response to a Request for Bids. Borrower Bo rrower A borrower or recipient of Investment Project financing (IPF). and any other entity involved in the implementation of a project financed by IPF. Competitive Dialogue A selection method for Goods, Works or Non-consulting Services described in the Procurement Regulations at Paragraphs to and Annex XIII.

5 Consultant A variety of private entities, joint ventures, or individuals that provide services of an advisory or professional nature. Where the Consultant is an individual they are not engaged by the Borrower as an employee. Consulting Co nsulting Services Covers a range of services that are of an advisory or professional nature and are provided by Consultants. These Services typically involve providing expert or strategic advice , management consultants, policy consultants or Abbreviation / term Full terminology / definition communications consultants.

6 Advisory and project related Consulting Services include, for example: feasibility studies, project management, engineering services, finance and accounting services, training and development. Core Procurement The Bank's Core Procurement Principles (value for money, Principles economy, integrity, fit for purpose, efficiency, transparency and fairness) are set out in detail in Section III. C of the Bank Policy: Procurement in IPF and Other Operational Procurement Matters. Goods A category of Procurement that includes: commodities, raw material, machinery, equipment, vehicles, Plant, and related services such as transportation, insurance, installation, commissioning, training, and initial maintenance, IBRD International Bank for Reconstruction and Development.

7 IDA International Development Association. Initial Selection (IS) The shortlisting process used prior to inviting request for proposals in the Procurement of Goods, Works or Non- consulting Services. Investment Project The Bank's financing of investment projects that aims to financing (IPF) promote poverty reduction and sustainable development. IPF. supports projects with defined development objectives, activities, and results, and disburses the proceeds of Bank financing against specific eligible expenditures.

8 Legal Agreement Each agreement with the Bank providing for a loan for a project, including Procurement Plan and all documents incorporated by reference. If the Bank enters into a project agreement with an entity implementing the project, the term includes the project agreement. Most Advantageous As defined in the Procurement Regulations at Annex X, Bid/Proposal Evaluation Criteria. Non- Non -consulting Services: Services which are not Consulting Services. Non-consulting Services are normally bid and contracted on the basis of performance of measurable outputs, and for which performance standards can be clearly identified and consistently applied.

9 Examples include: drilling, aerial Abbreviation / term Full terminology / definition photography, satellite imagery, mapping, and similar operations. Notification Notification of Intention The notice transmitted to Bidders/Proposers informing them of to Award the intention to award the contract, as per the Procurement Regulations Paragraphs to Plant A category of Procurement relating the provision of equipped facilities, such as those executed on the basis of design, supply, installation, commissioning, maintenance, modification and protection.

10 Prequalification The shortlisting process which can be used prior to inviting request for bids in the Procurement of Goods, Works or Non- consulting Services. Procurement Documents A generic term used in these Procurement Regulations to cover all Procurement Documents issued by the Borrower. It includes: GPN, SPN, EOI, REOI, prequalification document, Initial Selection document, request for bids document, request for proposal documents, forms of contracts and any addenda. Procurement Plan The Borrower's Procurement Plan for IPF projects, as referred to in the Procurement Regulations at Paragraphs and , and incorporated by reference in the Legal Agreement.


Related search queries