The World Bank’s framework and regulations applies to their own procurement processes as well as for projects and programmes they finance. The framework is modern and business-friendly. It focuses on value for money and opportunities for dialogue and discussion. It aims to achieve the highest bidding and contract management standards to get the best development results. It includes the bank’s procurement policy and regulations, directive and procedure, and useful guidance notes on:

• Contract management
• Competitive dialogue procurement processes
• Evaluation criteria
• Framework agreements
• Identification and treatment of abnormally low bids and proposals
• Independent procurement review and integrated fiduciary reviews
• Public private partnerships (PPP)
• Standard procurement documents