A forum for procurement harmonization was established in 1999 aiming to provide a coherent mechanism for procurement cooperation between the multilateral development banks (MDBs), international financial institutions (IFIs) and key development partners, namely: the Asian Development Bank (AsDB), African Development Bank (AfDB), Black Sea Trade and Development Bank (BSTDB), Caribbean Development Bank (CDB), Council of Europe Development Bank (CEB), European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB), Inter-American Development Bank (IaDB), International Bank for Reconstruction and Development (IBRD or World Bank), and Islamic Development Bank (IsDB). Its achievements to date include:
· harmonization of MDBs' procurement guidelines in principle, and standardization of bidding documents for the procurement of goods, works, small works, plant design supply and installation, and consultant's request for proposals;
· dialogue and cooperation on a wide range of issues impacting on the application of good procurement procedures and practice, including electronic government procurement (eGP), procurement in Fragile and Conflict situations, Country Procurement Reform, national debarment of firms, etc.; and
· joint training, capacity building, diagnostic work as part of co-financed projects, knowledge sharing and business outreach initiatives
Master Procurement Documents
The Master Documents reflect what is considered “best practices” and are intended to be used as a basis by these organizations for issuing a standard bidding or proposal document for each individual institution. The Master Documents are intended to be followed, insofar as possible, while allowing for institutional and member country considerations. The text in italics shown in the Master Documents correspond to specific clauses that each MDB will replace with provisions consistent with its respective policy.