World Bank Group Products & Services
Procurements - Projects
The World Bank (IBRD/IDA) generates billions of dollars in opportunities for suppliers of goods and services around the world each year through projects financed in developing countries. Government agencies in the countries that borrow from the World Bank are responsible for purchasing goods, works and services from consultants, contractors, manufacturers, and suppliers of goods and services for bank-financed projects.
The government of the borrowing country is also responsible for all procurement steps, including advertising, pre-qualification evaluation, preparation of bidding documents, evaluation of bids and contract awards. The bank sets forth the policies, procedures and guidelines under which procurement for bank-financed projects takes place, and we also monitor the procurement process to ensure that procurement by our borrowers is conducted efficiently and in an open, competitive and transparent manner.
When pursuing business opportunities in projects financed by the World Bank, it is essential to understand that the implementing agency in the recipient country is responsible for procurement. All contracts are between the borrower (usually the government department that is its implementing agency) and the supplier, contractor or consultant. The Bank’s role is to make sure that the borrower’s work is done properly, that the agreed procurement procedures are observed, and that the entire process is conducted with efficiency, fairness, transparency and impartiality.
• Procurement Information
• Project Cycle
• Guidelines and Policies
o Procurement Under IBRD Loans and IDA Credits
o Standard Bidding Documents
o Consultant Guidelines
• Search for Available Business Opportunities
o Accessible Information on Development Activities (AiDA)
o dgMarket
o UN Development Business
o World Bank Contracts Awards Search
o World Bank Monthly Operational Summary
o World Bank Projects Database
International Finance Corporation (IFC)
The International Finance Corporation (IFC), a member of the World Bank Group, fosters sustainable economic growth in developing countries by financing private sector investment, mobilizing private capital in local and international financial markets, and providing advisory and risk mitigation services to businesses and governments. IFC’s vision is that people should have the opportunity to escape poverty and improve their lives. It seeks to reach businesses in regions and countries that have limited access to capital and provides finance in markets deemed too risky by commercial investors. IFC also adds value to the projects it finances through its corporate governance, environmental, and social expertise. It is the largest multilateral source of debt and equity financing for private enterprise in developing countries.
• IFC’s Role & Additionality
• Investment & Advisory Services
• IFC Financing
• IFC Financed Project Cycle
• IFC Investment Proposals
Multilateral Investment Guarantee Agency (MIGA)
Concerns about investment environments and perceptions of political risk often inhibit foreign direct investment – a key driver of economic growth – in developing countries. The Multilateral Investment Guarantee Agency (MIGA) addresses these concerns by providing political risk insurance (guarantees), offering investors’ protection against noncommercial risks such as expropriation, currency inconvertibility, breach of contract, war, and civil disturbance. MIGA also provides advisory services to help countries attract and retain foreign investment, mediates investment disputes to keep current investments intact and remove possible obstacles to future investment, and disseminates information on investment opportunities to the international business community.
• MIGA Eligibility
• MIGA Underwriting Process
• MIGA Environmental & Social Safeguards
• MIGA Investment Guarantee Guide
• Small Investment Program
For more information on the World Bank Group’s products and services, please visit the World Bank Business Center.
