Procurement Guidance

This document provides a high level overview of standard procurement documents (SPD) published by the world bank. It indroduces new concepts and modified requirements that apply to SPDs resulting from the banks procurement regulations for IPF borrowers. Procurement in investment project financing (IPF) supports borrowers to achieve value for money with intergrity in delivering sustainable development.The banks core principles are value for money, economy, intergrity, fit for purpose, efficiency, transparency and fairness. It covers the following topics:-1. Introduction2. New request for proposals.3. New RFP features explained4. Key regulatory changes reflected in SPDs5. Reference materials.