A Project Management Institute, Inc. (PMI)®Registered Training Course
Procurement Management of Equipment and Works for World Bank Aided Projects
Managing Infrastructure Procurement When Seeking
World Bank Financial Support
Course Overview
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 GLOMACS 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 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
Training Objectives
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?
Who should Attend?
This GLOMACS 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
About Saudi Glomacs
At Saudi GLOMACS, we specialize in delivering world-class training courses in Saudi Arabia and across various international locations. Our training courses are tailored to meet the unique demands of Saudi Vision 2030 and the Human Capability Development Program, focusing on empowering Saudi citizens and enhancing workforce skills. We offer diverse courses spanning leadership, management, engineering, and technical disciplines to cultivate expertise and drive professional growth. Our flexible learning options—whether in-person, online, or in-house—ensure accessibility and convenience for individuals and organizations alike.
With over 30+ years of experience through the GLOMACS global network, we are committed to delivering innovative, results-driven training solutions. Our expert instructors combine industry knowledge with dynamic teaching methods, fostering practical skill development and long-term career success. By choosing Saudi GLOMACS, you're investing in personal excellence and contributing to the Kingdom’s sustainable economic growth and vision-driven transformation.
Training Outline
DAY 1: 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
DAY 2: 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
DAY 3: 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”
DAY 4: 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
- Competitive dialogue
- Public private partnerships
- E-Auctions
- Community driven development
- General and special conditions of contract
- INCOTERMS
DAY 5: 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
Certificates
- On successful completion of this training course, GLOMACS Certificate with eligible Continuing Professional Education credits (CPE) from National Registry of CPE Sponsor and Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI®), will be awarded to the delegates
Accreditation
GLOMACS is proud to be an Authorized Training Partner (ATP No. 2759) with PMI®. As an ATP, GLOMACS is authorized to issue applicable Professional Development Units (PDUs) and Educational Contact Hours to participants of any of its PMI® approved training courses for PMI® Certification and Re-Certification.
GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.
Providers and Associations
Sessions in international locations
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