procurement of goods and services
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GC: n

S: http://www.unv.org/about-us/procurement.html (last access: 26 April 2013); http://www.iadb.org/en/about-us/procurement-of-goods-and-services,6251.html (last access: 4 September 2014).

N: The procurement of goods and services is based on the following principles:

  • The final responsibility for the procurement of goods, construction works, and other services, lies with the Borrower.
  • The Bank requires that all borrowers (including grant beneficiaries) as well as suppliers, contractors, and consultants participating in Bank-financed projects adhere to the highest ethical standards, both during the bidding process and throughout execution of a contract.
  • Procurement stemming from Bank operations must comply with the rule established in the Agreement Establishing the Bank regarding The Efficient and Economical Use of Bank resources.

S: http://www.iadb.org/en/about-us/procurement-of-goods-and-services,6251.html (last access: 6 September 2015)

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CR: humanitarian aid