Revisions October 2017 This revision dated October, 2017 incorporates new provisions on beneficial ownership and Direct Payment. The environmental, social, health and safety (ESHS) aspects have also been enhanced to include additional provisions on sexual exploitation and abuse (SEA) and gender based violence (GBV). January 2017 The World Bank's Procurement Framework, approved in July 2015 and in operation since July 2016, promotes tailored procurement approaches that emphasize choice, quality, and value for public spending, while enabling adaptation to country contexts. It allows projects to respond quickly to emerging needs and helps client countries determine the best value for money to ensure quality outcomes and The World Bank's New Procurement Framework Old Problems -New Solutions 6 One size fits all, limited options, prescriptive F&C seen as primary challenge Mixed capacity - clients, suppliers and Bank Arms-length approach to markets Primary focus on selection phase Key focus on results Fit for purpose approach as enabler of value for money (PDF) The World Bank's New Procurement Regulations Home Econ Supply Chain Management Procurement The World Bank's New Procurement Regulations Authors: Jędrzej Górski City University of Hong Kong Procurement Directive: Bank Directive, "Procurement in IPF and Other Procurement Operational Matters." 29.Procurement Plan: a plan prepared by the Borrower that describes procurement activities and related procurement arrangements for goods, works, non-consulting services, and consulting services financed by the Bank. 30. The purpose of these guidelines is to inform those carrying out a project that is financed in whole or in part by a loan from the International Bank for Reconstruction and Development (IBRD), a credit or grant from the International Development Association (IDA), a Project Preparation Advance (PPA), a grant from the Bank, or a trust fund administered by the Bank and executed by the recipient World Bank require the use of standard bidding documents for the projects that they fund. Standardized Documentation for the Public Procurement of Goods and Services Guidelines for PPP Laws and Concession Laws OECD, UNECE, and UNESCAP,€third edition, 2017,€Table 3.1 "Examples of Standardized PPP Contracts and Contract Clauses", p this standard bidding document is applicable to procurement of works funded under ibrd- or ida- financed projects whose legal agreement makes reference to (a) the guidelines for procurement under ibrd loans and ida credits, dated may 2004, revised october 2006, or (b) the guidelines for procurement under ibrd loans and ida … specified in the World Bank's Guidelines: Procurement under IBRD Loans and IDA Credits, and is open to all bidders from eligible source countries as defined in the Guidelines. ' 5. Interested eligible bidders may obtain further information from [insert name of agency] and inspect the bidding documents at the address given below [state address The UN Procurement Practitioner's Handbook (PPH), originally published in 2006, has undergone an extensive update, improvement and re-design. The latest version PHH is available for download below. You will find that the structure of the PPH has been amended and more chapters have been added, placing a higher emphasis on the strategic elements Accordingly, a Procurement Plan should be prepared and agreed with the Bank for t