IFAD oversees procurement activities in each country where we operate to ensure they are conducted in a sound and efficient manner, and that IFAD funding is used as intended. Effective procurement oversight is closely tied to the successful and timely implementation of projects.
Working with recipients and local authorities, IFAD proposes customized procurement solutions at both country and project levels, while supporting capacity building and providing tailored technical assistance as required.
IFAD's project procurement framework helps achieve development effectiveness goals by:
Modernizing procurement to emphasize fit-for-purpose, choice, quality and value in public spending.
Promoting strengthened national procurement systems.
Promoting transparent and accountable public spending.