Procurement Management of Equipment and Works for World Bank Aided Projects

Introduction

Developing countries spend millions of dollars on imported goods and services. A large portion of these goods and services is intended for use on development programmes and projects funded by donor agencies and International Finance Institutions (IFIs) such as the World Bank. The World Bank is a vital source of financial and technical assistance to developing countries around the world and provides low-interest loans, zero to low-interest credits, and grants to developing countries.

This training seminar explores the key provisions of the World Bank Procurement Regulations and Documents for the procurement of goods and works. This specialist training seminar also includes group work to enable participants to apply the knowledge they have acquired to the preparation of a procurement plan. This training seminar reflects also the WB Procurement Framework and Regulations for Projects after July 1, 2016.

This training seminar will highlight:

• Procurement procedures for the World Bank aided projects
• World Bank Procurement Framework
• Procedures for soliciting competitive bids
• What makes a successful bid
• Process of Procurement Planning

Objectives

At the end of this training seminar, you will learn to:

• Understand the stated regulations and policies
• Competently plan and execute the entire procurement process
• Comply with standards of professional practice of the Procurement Regulations
• Know the functions for acquisition of equipment and contracting and supervision of works’ contracts
• Apply sound procurement planning strategies

Training Methodology

Dynamic, interactive and totally participant focused, this 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.

Organisational Impact

The organization will benefit by having trained personnel who can understand and implement:

• The Core Procurement Principles
• Efficiency and cost-effectiveness in the procurement of goods and equipment
• Project Procurement Strategy for Development (PPSD)
• Modern procurement methods
• Evaluation of strategy options for the procurement

Personal Impact

Delegates attending this training seminar will learn and benefit by:

• Understanding the Modernized Procurement Framework (WBPF)
• How to find Bidding opportunities
• Best practice in planning and making a bid
• Provide modern and efficient procurement approaches and methods
• Understand value-for-money (VfM) decision making for award of contract