IFAD Procurement Guidelines

IFADIn addition to updating the policies and procedures for the procurement of goods, works and related services in response to the significant changes that have occurred in the international socio-economic environment and in development lending since 1982, the IFAD Procurement Guidelines include the procurement of consulting services. IFAD-funded projects have hitherto been using the relevant cooperating institution’s procedures for the selection and employment of consultants. The set of guidelines was approved by the IFAD Executive Board at its Eighty-Third Session in December 24 2004 to replace the procurement guidelines it adopted in September 1982.

Some of the significant developments are: (a) emerging needs of debt-ridden and poverty-stricken borrowing countries and the corresponding response from international financial institutions; (b) development of the global marketplace; (c) creation of the World Trade Organization and its adoption of the General Agreement on Procurement in 1994; (d) rapid advances in technology; (e) eradicating fraud, bribery and corruption in procurement; and (f) increased community and NGO participation.

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1 comment to IFAD Procurement Guidelines

  • I was just chatting with my friend about this today at lunch . Don’t know how in the world we landed on the subject actually , they brought it up. I do remember eating a amazing steak salad with ranch on it. I digress…

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