Every year, manifesting countries donate millions of dollars in the form of obtained goods, construction, and services for the development of proposals. Much of this money is provided by International Financial Institutions such as the World Bank in the form of low-interest loans or grants. The World Bank provides critical financial and technical assistance. In 2016, the World Bank committed more than $16 billion in new Investment Project Financing commitments to support the funding of infrastructure or consultancy plans for transit, water and sanitation, energy, and extractives.
This expert training course on Procurement Management for World Bank-Aid Projects delves into the key provisions of the new World Bank Procurement Regulations for Investment Project Financing, which took effect in July 2016. The new ordinances place a high value on ensuring that World Bank-funded projects deliver value for money, and the new Procurement Framework is designed to help achieve that goal. This training course includes group work to allow delegates to provide the main strategy and procurement planning papers that the World Bank expects from public authorities seeking IPF financial assistance.
Effective, interactive, and totally participant-concentrated, this training course will be remitted by a world-class subject matter expert; whose consciousness and abilities have been honed over many years going in the field of designs, procurement, and contract management. Using the most up-to-date training exercises, modern material, and actual case studies, the participants will be taken on a journey of development by assuming the real requirement to promote the right processes and methods for their organization.