Inter-American Development Bank:

Efforts to Improve Procurement Procedures

NSIAD-91-126: Published: Mar 14, 1991. Publicly Released: Mar 20, 1991.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

Pursuant to a congressional request, GAO reviewed the Inter-American Development Bank's procurement practices, focusing on: (1) its procurement policies and procedures; (2) its studies regarding its procurement policies and procedures; and (3) whether the U.S. government was aware of any procurement problems within the Bank, and if so, its efforts to bring about any needed reforms.

GAO found that: (1) Bank regulations usually required borrowers to use competitive selection and bidding procedures open to firms from all member countries; (2) personnel in the Bank's field offices enforced such regulations by reviewing each contract before authorizing Bank financing; (3) U.S. and Bank officials did not fully assess how effectively the Bank's procurement policies and procedures ensured competition; (4) data indicated that the U.S. share of Bank-financed procurement has declined, and U.S. officials believed that the decline was due to such factors as increased competition from member countries; (5) in 1988, U.S. officials requested that the Bank conduct a comprehensive appraisal of its procurement procedures, and after reviewing its procurement system, Bank management revised some procedures to improve its competitiveness; (6) the U.S. Executive Director to the Bank planned to study the Bank's procurement issues independently from Bank management; (7) in September 1990, the Department of the Treasury completed its assessment of Bank procurement, and consequently recommended numerous improvements to the Bank's procurement operations; and (8) it believed that Treasury's recommendations were appropriate for Bank consideration.

Jan 21, 2016

Jan 20, 2016

Jan 13, 2016

Jan 11, 2016

Jan 7, 2016

Jan 6, 2016

Dec 22, 2015

Dec 16, 2015

  • government icon, source: Eyewire

    State and Local Governments' Fiscal Outlook:

    2015 Update
    GAO-16-260SP: Published: Dec 16, 2015. Publicly Released: Dec 16, 2015.

Dec 10, 2015

Nov 19, 2015

Looking for more? Browse all our products here