Procurement specialists Thijn Laurensse, Tytania Archangel, and Olivia Lake in Santo Domingo.
SANTO DOMINGO--Three civil servants from the Interim Recovery Committee (IRC) returned recently from a World Bank-organised training on “New Procurement Regulations for Investment Project Financing (IPF) Borrowers” within the Caribbean region held in Santo Domingo, the Dominican Republic.
The training, conducted by World Bank procurement specialists, had the objectives of implementing the first two years of the Bank’s Procurement Regulations for IPF borrowers, based on experience of the borrowers with emphasis on how the regulations have been applied in the Caribbean; exploring the new instruments introduced by the regulations, including the Project Procurement Strategy for Development (PPSD) and the procurement plan; learning about the specific aspects of conducting procurement under the regulations; and a preview of the Bank’s new information technology (IT) platform for procurement.
The Netherlands established a Recovery Trust Fund for St. Maarten following the devastation of Hurricane Irma and designated the World Bank as Trust Fund manager. This means St. Maarten will utilise World Bank procedures for the procurement of goods, services and works financed through the Trust Fund.
Some 60 delegates represented the Caribbean region, Latin America, member states of Caribbean intergovernmental organisations such as the Caribbean Community Caribbean Catastrophe Risk Insurance Facility (CCRIF) and the Organisation of Eastern Caribbean States (OECS).
