The EBRD's Procurement Policies and Rules (PPR) are based on the fundamental principles of non-discrimination, fairness and transparency. They are designed to promote efficiency and effectiveness and to minimise risk in the implementation of the Bank's lending and investment operations.
The 2022 version of the EBRD Procurement Policies and Rules was approved by the Board of Directors on 4 May 2022. The policy is effective for projects that are passing the Concept Clearance stage at the Bank’s Operational Committee (or delegated authority) after 15 May 2022 as well as for projects where there is a written agreement between the client and the Bank to apply this new version of the policy.
For grant funded consultancy where the Bank’s client is the contracting party the new policy will apply to all selection processes that are initiated after the 15 May 2022.