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About procurement and the EBRD


The EBRD lent €25 million to the municipality of Sibiu in Romania to upgrade infrastructure and lighting.

The EBRD's financing activities generate many opportunities for suppliers, contractors and consultants worldwide.

The EBRD's Procurement Policies and Rules are based on the fundamental principles of non-discrimination, fairness and transparency. They are designed to promote efficiency and effectiveness and minimise risk in the implementation of the Bank's lending and investment operations.

As well as securing the efficiency of the Bank's own projects, the implementation of projects based on EBRD's procurement policy and Rules promotes:

  • The development, on a national level, of public procurement systems based on principles and procedures of highest international standard.
  • The participation by foreign enterprises in EBRD-financed projects and greater involvement by the international business community in the Bank's countries of operations.
  • The introduction of innovative solutions based on a strong private sector involvement in the provision of public services.
  • Procurement for state sector projects is normally carried out through open, competitive tendering. Only in exceptional circumstances are other procurement methods considered. Open tendering ensures equal opportunities for all interested tenderers, irrespective of country of origin, to participate in a tender financed by the EBRD.
  • For private sector operations, the client company or project sponsor is responsible for the procurement under the project. However, the bank will satisfy itself that private sector clients use appropriate procurement methods.
  • Procurement information is available on these web pages as well as in the
    Official Journal of the European Communities and
    United Nations Development Business.

 



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