World Bank Procurement Guidelines

The World Bank Procurement Guidelines are rules that help ensure fair, transparent, and efficient purchasing of goods and services funded by the World Bank. These guidelines are designed to maximize value for money and promote competition among suppliers. They outline processes for advertising opportunities, evaluating bids, and awarding contracts, ensuring that projects funded by the World Bank are completed in a responsible manner. Ultimately, the aim is to support development goals while preventing corruption and mismanagement of funds.