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PRESS RELEASE

Good Contract Management an Important Step Towards Effective and Transparent Use of Resources

March 7, 2014

TIRANA, March 7, 2014 –The World Bank Regional Procurement Office for Europe and Central Asia Region and the World Bank Office in Tirana in cooperation with International Training Center (ILO) in Turin organized a three day Regional Workshop on Contract Management.  The objective of the workshop was to provide relevant information and guidance on contract management – from start to completion -- to specialists of implementing agencies working for the World Bank financed projects.  It was attended by 50 specialists and officials from Albania, Bosnia and Herzegovina, Croatia, Kosovo, FYR Macedonia, and Serbia.

World Bank and ITC (ILO) experts presented key topics of contract management associated with case studies on typical issues for each stage and from different countries. The workshop facilitated exchange of knowledge and ideas with a view to improve contract enforcement and transparency.  It was highlighted that contract management is an integral part of the procurement process, requiring coordination and collaboration of all stakeholders through the life of a contract.

Good contract management contributes to effective and transparent use of resources for purposes intended and faster development results”. Tahseen Sayed, Country Manager for the World Bank Tirana Office in her opening remarks noted “Inefficiencies in the post contract award stage can lead to time and cost overrun, compromising quality and delaying accomplishment of project results

Future regional training events will continue to encourage strong sharing of knowledge and experience between and among countries.

Media Contacts
PRESS RELEASE NO:
2014/ECA/052