Manual for Development Projects - Planning Commission

Chapter-9
monitor the procurement process. These consultants had been selected in accordance with IDA/World
Bank guidelines to include prior IDA review of the selection process of all contracts costing equivalent of $
100,000 or more.
9.22 To assist implementing agencies in performing their procurement function in accordance with agreed
procedures, the consultants carry out a review of the first five contracts prior to award, and the prior review
of all contracts above $ 50,000. In addition, the consultants also perform ex-post review of the remaining
procurement documents on a sample basis. IDA performs a prior review of all procurement requirements
which will be conducted using International Competitive Bidding (ICB) procedures as well as all
procurement documents for contracts costing equivalent of $ 200,000 or more.
c) Financial Limits for Procurement
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9.23 All civil works and goods, vaccines, pesticides and equipment to be financed out of procedures of the
project estimated to cost equivalent of $ 300,000 or less per contract, upto an aggregate amount not to
exceed $ 5 million for vaccines, medicines, supplies and pesticides and $ 1 million for equipment, may be
procured under contracts awarded on the basis of competitive bidding, advertised locally in accordance
with procedures satisfactory to the IDA/World Bank. According to the IDA/World Bank procurement
Guidelines, the goods, vaccines, medicines, supplies and equipment to be financed out of proceeds of the
project estimated to cost $ 25,000 or less per contract, upto an aggregate amount not to exceed the
equivalent of $ 500,000 per agency, may be procured on the basis of prudent shopping i.e. by inviting
limited tenders, say three quotations.
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9/23/2010