Member's Documents
Making Procurement Work Better An Evaluation of the World Bank’s Procurement System
Published by: Independent Evaluation Group (IEG), World Bank Group
Procurements acquire the works, goods, and services necessary to achieve the World Bank’s project development outcomes. The World Bank’s procurement processes must ensure that clients get the best value for every development dollar.
In 2016, the World Bank reformed its procurement system for Investment Project Financing and launched a new procurement framework aimed at enhancing the Bank’s development effectiveness through better procurement. The reform sought to reduce procurement bottlenecks impeding project performance and modernize procurement systems. It emphasized cutting-edge international good practice principles and was intended to be accompanied by procurement capacity strengthening to help client countries.
This evaluation offers three recommendations to scale up reform implementation and enhance portfolio and project performance.
