Developing countries spend millions of dollars each year on purchased goods, construction and services for development purposes. Much of this money comes from International Finance Institutions such as the World Bank in the form of low-interest loans or grants. The World Bank is a vital source of such financial and technical support. In 2016, the World Bank entered into more than $16 billion in new development commitments for Investment Project Financing to assist in the funding of infrastructure or consultancy projects for transportation, water and sanitation, energy and extractives.
This specialist training course on Procurement Management of Equipment and Works for World Bank Aided Projects explores the key provisions of the new World Bank Procurement Regulations for Investment Project Financing that came into force in July 2016. The new regulations place a high importance on ensuring that World Bank funded projects will deliver Value for Money and the new Procurement Framework is structured around achieving that goal. This Oxford training course includes group work to enable participants to prepare the main strategy and procurement planning documents that the World Bank expects from public authorities that wish to apply for IPF financial support.
This training course will highlight:
Procurement Procedures for the World Bank Financed Projects
The New World Bank Procurement Framework
Procedures for Soliciting Competitive Bids
Running a Successful Procurement
Process of Procurement Planning
During this training course, you will learn:
What the New World Bank procurement regulations require?
How to competently plan and execute the entire procurement cycle?
What you need to do to comply with the Procurement Regulations for IPF Borrowers?
How to manage the processes for the procurement of equipment and works?
How to apply sound procurement planning strategies?
Dynamic, interactive and totally participant focused, this Procurement Management of Equipment and Works for World Bank Aided Projects training course will be delivered by a world class subject matter expert; whose knowledge and skills have been honed over many years working in the field of projects, procurement and contract management. Using the most up to date learning practices, current material and actual case studies, the participants will be taken on a journey of discovery by understanding the real need to develop the right processes and systems for their organisation.
The organization will benefit by having trained personnel who can understand and implement:
The Core Procurement Principles
Efficiency and cost-effectiveness in the procurement of goods and equipment
Project Procurement Strategy for Development (PPSD)
Modern procurement methods
Evaluation of strategy options for the procurement
Delegates attending this training course will learn and benefit by:
Understanding the Modernized Procurement Framework (WBPF)
How to request and manage Bids and Proposals?
Best Practice in Planning a Procurement
Provide modern and efficient procurement approaches and methods
Understand Value-for-Money (VfM) decision making for award of contract
Who should attend?
This Procurement Management of Equipment and Works for World Bank Aided Projects training course is suitable to a wide range of professionals but will greatly benefit those who need a sound working knowledge of the new Procurement Framework of the World Bank, including:
Project Management Professionals and Team Leaders that need to understand strategic procurement planning
Technical Specialists such as engineers involved in procurement
Professionals that need to understand the new approach to procurement financed by development organizations
Procurement Professionals that need to understand a best practice approach to procurement
Central Tender Board Officers
Many public-sector organisations in developing countries that wish to obtain financial help, face the challenges of having to understand and then apply the strict procurement regulations of the funding agency. The World Bank’s regulations and processes have recently changed, and the organisation places an increased focus on the Borrower being able to create well thought out plans that will deliver effective development results. This OXFORD Procurement Management of Equipment and Works for World Bank Aided Projects training course will cover the fundamental elements and processes involved and how the World Bank operates and what its expectations are.
The World Bank’s New Procurement Framework
The World Bank and Its Five Organisations
World Bank Procurement Policy Aims and Objectives
The World Bank’s Six Stage Project Cycle for Funded Projects
Core Principles in the New Procurement Framework
A New Emphasis on Value for Money
Overview of the New Procurement Regulations
The World Bank Project Procurement Strategy for Development (PPSD)
Preparing the Draft PPSD
Selecting an Appropriate PPSD Template
Strategic Assessment of the Borrower’s Operational Context and Capability
Developing the PPSD Supplier Market Analysis
Carrying-out a Procurement Risk Analysis
Turning a Needs Assessment into Development Objectives
Developing the Borrower’s Procurement Plan
The Procurement Cycle
Common Abbreviations and Defined Terms
Designing the Procurement Approach and Objectives
Defining the Requirements and Writing the Specification
Working with Stakeholders to Develop the Procurement Plan
Securing the Bank’s “No Objection”
Competitive Bidding under the New Procurement Framework
Important Regulations about International Competitive Bidding (ICB)
Approved Selection Methods
Using World Bank’s Standard Procurement Documents (SPDs)
Request for Bids
Request for Proposals
Use of BAFO and Negotiation
Innovative Selection Arrangements
Public Private Partnerships
Community Driven Development
General and Special Conditions of Contract
Running an Effective Procurement for a World Bank Aided Project
Evaluation of Supplier Bids and Proposals
The “Substantially Responsive” Bid
Qualifying Criteria, Pre-qualification and Initial Selection
Using Rated Criteria
Life Cycle Costing and other Financial Evaluation Techniques
Selecting the Most Advantageous Bid or Proposal
Managing Complaints and Use of the Standstill Period
Contract Implementation to Deliver Value for Money
The Contract Management Plan
The Bidder Perspective
Oxford Management Centre Certificate will be provided to delegates who successfully completed the training course.
All Training Courses delivered by Oxford Management by default are eligible for CPE Credit.