
Developing countries spend millions of dollars each year on purchased goods, construction and services for development purposes. Much of this money comes from International Finance Institutions such as the World Bank in the form of low-interest loans or grants. The World Bank is a vital source of such financial and technical support. In 2016, the World Bank entered into more than $16 billion in new development commitments for Investment Project Financing to assist in the funding of infrastructure or consultancy projects for transportation, water and sanitation, energy and extractives.
This GLOMACS specialist training seminar on Procurement Management of Equipment and Works for World Bank Aided Projects explores the key provisions of the new World Bank Procurement Regulations for Investment Project Financing that came into force in July 2016. The new regulations place a high importance on ensuring that World Bank funded projects will deliver Value for Money and the new Procurement Framework is structured around achieving that goal. This GLOMACS training seminar includes group work to enable participants to prepare the main strategy and procurement planning documents that the World Bank expects from public authorities that wish to apply for IPF financial support.
This training seminar will highlight:
During this GLOMACS training seminar, you will learn:
Dynamic, interactive and totally participant focused, this Procurement Management of Equipment and Works for World Bank Aided Projects training seminar will be delivered by a world class subject matter expert; whose knowledge and skills have been honed over many years working in the field of projects, procurement and contract management. Using the most up to date learning practices, current material and actual case studies, the participants will be taken on a journey of discovery by understanding the real need to develop the right processes and systems for their organisation.
The organization will benefit by having trained personnel who can understand and implement:
Delegates attending this training seminar will learn and benefit by:
This GLOMACS Procurement Management of Equipment and Works for World Bank Aided Projects training seminar is suitable to a wide range of professionals but will greatly benefit those who need a sound working knowledge of the new Procurement Framework of the World Bank, including:
Many public-sector organisations in developing countries that wish to obtain financial help, face the challenges of having to understand and then apply the strict procurement regulations of the funding agency. The World Bank’s regulations and processes have recently changed, and the organisation places an increased focus on the Borrower being able to create well thought out plans that will deliver effective development results. This GLOMACS Procurement Management of Equipment and Works for World Bank Aided Projects training seminar will cover the fundamental elements and processes involved and how the World Bank operates and what its expectations are.
Oxford Management Centre
A GLOMACS - Oxford Management Centre collaboration aimed at providing the best training services and benefits to our valued clients.
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