Discusses pricing formula and other fees, (VAT), etc.
Last Published: 11/15/2018

PROJECT PROCUREMENT
Price remains a key-determining factor in procurement decisions. The new procurement model should favor U.S. firms capable of demonstrating value across the entire life cycle of a project. To be applicable, the borrower must request the preferences and reflect them in procurement plans and bidding documents. AfDB loans are denominated in UAC (unit of account) or local currency. Public tenders issued by borrowing governments are typically denominated in local currency.
 countries of interest to your firm see the “Pricing” section of each country’s Country Commercial Guide. For more information on each country’s operating strategy and AfDB Group’s goals in country, consult the AfDB’s Country Strategy Papers.

CORPORATE PROCUREMENT
The AfDB itself runs competitions for consulting and advisory services, often in relation to other AfDB group funded projects. These competitions are run through the Vendor Kiosk Portal. Tenders and contracts can be denominated in UAC and local currency. Bid evaluation criteria, stated in tender documents, typically include a weighted scale of both technical and financial considerations.

PRIVATE SECTOR SOLUTIONS
Private sector activities in partnership with the Private Sector Department involve investments rather than procurements. Wherever possible the Private Sector Department denominates its operations in UAC.
 

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