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BRIEFAugust 22, 2022

Systematic Tracking of Exchanges in Procurement (STEP)

Overview of STEP (Systematic Tracking of Exchanges in Procurement)

STEP (Systematic Tracking of Exchanges in Procurement) is an online system that helps the World Bank and Borrowers plan, record, and track key stages of the procurement process under Investment Project Financing (IPF) projects. It is designed to help Borrowers achieve value for money in procurement by transforming data into knowledge, speeding up the procurement process, and improving accountability and transparency. It streamlines and automates some stages of the procurement process and enables monitoring and reporting.

What's New in STEP:

The World Bank has upgraded STEP with a new Contract Management Module that is now available to Borrowers effective October 3, 2022. It will better support Borrowers with managing contracts and improve contract and project implementation and allow Borrowers to track contracts, key deliverables, key performance indicators (KPIs), and payments, speeding up project implementation while minimizing cost and time overruns. Learn more »

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