Training on Procurement of Equipment and Works in World Bank Funded Projects

Program Date

5 Aug 9 Aug 2024

Program Location

Budapest, Hungary

Program Venue

Leonardo Hotel Budapest

Registration & Payment Deadline

10 Jun 2024

Program Introduction

The World Bank is a key source of funding for a majority of development and infrastructure projects across the globe. Each year such projects consume millions of dollars and much of it is spent on the procurement of equipment and works for the construction and renovation of infrastructure. Thereby, most governmental bodies are frequently in search of skilled procurement practitioners that are well aware of the World Bank’s guidelines and procurement framework. Project achievements and outcomes are closely linked to how well the procurement function is executed and whether it is in line with the Bank’s policies and procedures.

Training on Procurement of Equipment and Works in World Bank Funded Projects in Budapest, Hungary has been specifically developed for governmental bodies, agencies, and other commercial entities that are involved in the execution of World Bank-aided infrastructure projects. The 5-day program serves to form a comprehensive understanding of the World Bank’s procurement policies, procedures, and framework. Upon the successful completion of this training, its attendees shall be able to foster successful project completion and maximize the value of the procurement function as per the World Bank’s guidelines.

Target Audience

Training on Procurement of Equipment and Works in World Bank Funded Projects in Budapest, Hungary is the best suited for:

  • Procurement Personnel of Governmental Bodies
  • Procurement Officers involved in World Bank-funded projects
  • National Public Procurement Practitioners
  • Project Managers and Directors overseeing World Bank aided infrastructure projects
  • Other Procurement Specialists interested in World Bank’s Procurement Policies and Guidelines

Program Objectives

Upon the successful completion of this training course, its attendees shall be able to:

  • Plan and execute all procurement functions for the acquisition of equipment and provision of works
  • Comply with procedural requirements of the World Bank for IPF Borrowers
  • Familiarize themselves with the World Bank’s standard procurement documents
  • Apply sound procurement strategies
  • Identify, analyze, and apply the appropriate techniques for effective procurement management
  • Understand major considerations in the World Bank’s procurement cycle

Program Contents

First Day

Second Day

  • Understanding Project Procurement Strategy for Development (PPSD)
  • Drafting the PPSD; Creating a template
  • Borrower’s operational context and capability
  • PPSD Supplier Market Analysis
  • Procurement Risk Analysis
  • Needs Assessment

Third Day

  • The procurement Cycle in World Bank Aided projects
  • Objectives and Approach to Procurement
  • Stakeholder Participation in the creation of the Procurement Plan
  • Getting NOC from the World Bank
  • Competitive Bidding under the new Procurement Framework
  • Key Regulations related to ICB

Fourth Day

  • Recognized Selection Methods
  • Understanding and Using the World Banks Standard Procurement Documentation
  • Selection Arrangements
  • Incoterms, insurance, forwarding, and transport arrangements
  • Contract Conditions
  • Evaluating Bids and Proposals
  • Purpose and content of different works procurement documents
  • Common types of work contracts

Fifth Day

  • The standard qualification process for works
  • Evaluation Process for Works
  • Management of Complaints and Grievances
  • Contract Execution
  • Planning for successful contract management
  • Code of Ethics in Public Procurement

Program Methodology

The sessions will be conducted alongside contemporary adult-learning principles and techniques. To boost participant understanding and encourage the instant practical appliance of the material covered, the presenter will focus on numerous pragmatic exercises, scenario imitations, video demonstrations, open discussions, and case studies. Each day will be finalized by the acquisition of attendee feedback. This arrangement serves to improve the performance of the coming sessions and support the unique requirements of each delegate.

Program Fee

Payment Options

Fee Covers

  • Visa Assistance (complimentary)

  • Participant Assessment

  • Airport Pickup

  • Accommodation

  • Wi-Fi

  • Welcome Dinner

  • Breakfast

  • Workshop Kit

  • Program Materials

  • Program Experts

  • Practical Activities

  • Lunch

  • Refreshments

  • Interactive workshop

  • City Map & Direction

  • Risalat T-shirt (complimentary)

  • Field Visit

  • Program Certificate

  • Entertaining Tour

  • Program Report