Each year, procurement from World Bank and Inter-American Development Bank-financed projects generate thousands of contract awards annually and provide opportunities for U.S. consultants, advisors and suppliers.
Did You Know...
- The World Bank implemented procurement reforms in 2016, moving from a 'lowest cost' to a 'fit for purpose' and 'value for money' model
- World Bank operations totaled $60 billion in 2015
- The Inter-American Development Bank (IADB) has 26 member countries, all in Latin America and the Caribbean
