Some 35 representatives from the French private sector and government gathered at the MEDEF for the second phase of the Procurement Policy Review Consultations with Christopher Browne, World Bank Chief Procurement Officer on September 17, 2014, at the invitation of PSLO for France Philippe Gautier. The World Bank is reviewing its operational procurement policy and procedures to move from a one-size-fits-all policy to a fit-for-purpose policy. The Bank is currently conducting global multistakeholder consultations to gather feedback on the new procurement framework.
About the Review
The World Bank is reviewing its operational procurement policy and procedures. This is the first comprehensive review in the history of the institution. Our primary motivation is to move from a one-size-fits-all policy to a fit-for-purpose policy. The current policy has served the World Bank well with managing complexity in procurement throughout the past decades. However, changes in our clients’ demands and in the way the Bank does business now require a more adaptive approach.
The review was endorsed by the Board of the Executive Directors in February 2012 and is expected to be finalized in 2015. The policy review includes consultations throughout its duration. The World Bank is currently conducting a second phase of global multi-stakeholder consultations after Executive Directors endorsed the direction of a Proposed New Procurement Framework: Phase II in July 2014. For questions and comments, please email us. Please also take a look at our Questions & Answers.