{"id":25272,"date":"2022-11-24T22:27:00","date_gmt":"2022-11-25T03:27:00","guid":{"rendered":"https:\/\/projectcalls.com\/dev?p=25272"},"modified":"2022-11-24T20:00:21","modified_gmt":"2022-11-25T01:00:21","slug":"cdb-idb-world-bank-endorse-jamaicas-procurement-system","status":"publish","type":"post","link":"https:\/\/projectcalls.com\/dev\/cdb-idb-world-bank-endorse-jamaicas-procurement-system\/","title":{"rendered":"CDB, IDB, World Bank Endorse Jamaica\u2019s Procurement System"},"content":{"rendered":"<p>Jamaica<\/p>\n<p>Three International Financial Institutions (IFIs) have endorsed the Government of Jamaica\u2019s new electronic procurement system. Electronic procurement or e-procurement is the process of requesting, ordering and purchasing goods and services digitally utilising a system accessible by registered users.<\/p>\n<p>The innovation \u2013 which was implemented to support the process of procuring goods, works and services online \u2013 will enable the state to more efficiently access funding from the Caribbean Development Bank (CDB), the Inter-American Development Bank (IDB) and the World Bank (WB) for projects financed by these entities.<\/p>\n<p>According to\u00a0<strong>Douglas Fraser, Head, Procurement at CDB<\/strong>,\u00a0<em>\u201cThis is a significant milestone for the Government of Jamaica and the region as it will lead to improvements in efficiency and transparency while also lowering the transaction costs for all state projects financed by IFIs. The Bank endorses this modernised approach adopted by one of its Borrowing Member Countries (BMCs) as we continue to support and strengthen the procurement ecosystem in all 19 BMCs.\u201d\u00a0<\/em><\/p>\n<p>Highlighting the need for cooperation and commending the improved efficiency,\u00a0<strong>Lilia Burunciuc, Country Director for World Bank Caribbean noted<\/strong>,\u00a0<em>\u201cthis endorsement is the anticipated result of successful cooperation among IDB, CDB and World Bank Caribbean to increase efficiencies in development projects. It will ensure more transparency in the procurement of goods, works and services in projects financed by the three institutions and ultimately, accelerate Jamaica\u2019s ability to meet development needs.\u201d\u00a0<\/em><\/p>\n<p>This advancement will impact current and future projects; improving procurement for over USD329 million in funds currently available to the Government of Jamaica for various development initiatives. In 2015 Jamaica launched its e-procurement system, becoming a pioneer in the Caribbean by adopting e-Government Procurement systems with a range of functions, including: publication of opportunities and transactional platforms, electronic submission of bids, e-Tendering, notification of awards, and supplier registries. The agreement to use e-Government Procurement on all the development projects financed by the three MDBs will increase transparency and the expeditious implementation of projects, channeling much-needed resources to address the country\u2019s needs. The implementation of the agreement by all the three MDBs to use e-Government Procurement systems on development projects in national and international competitive processes, means the reduction of transactional costs for Jamaica, as well as for banks, in relation to project procurement preparation, execution, and monitoring.\u202fJamaica is one of the countries with the highest number of e-GP modules implemented in the Latin America and Caribbean region.<\/p>\n<p>\u00a0<\/p>\n<p><a href=\"https:\/\/www.caribank.org\/newsroom\/news-and-events\/cdb-idb-world-bank-endorse-jamaicas-procurement-system\" target=\"_blank\" rel=\"noopener\">more<\/a><\/p>\n<p>\u00a0<\/p>\n<p><em>image: pexels-soumil-kumar<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jamaica Three International Financial Institutions (IFIs) have endorsed the Government of Jamaica\u2019s new electronic procurement system. Electronic procurement or e-procurement is the process of requesting, ordering and purchasing goods and&#8230;<\/p>\n","protected":false},"author":1091,"featured_media":24795,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[250],"tags":[182,124,146,71],"class_list":["post-25272","post","type-post","status-publish","format-standard","has-post-thumbnail","category-articles","tag-caribbean-development-bank","tag-jamaica","tag-procedures","tag-procurement"],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/10\/pexels-soumil-kumar-735911-scaled-e1666942765270.jpg?fit=1025%2C684&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p6u9Qa-6zC","jetpack_likes_enabled":true,"jetpack-related-posts":[{"id":5447,"url":"https:\/\/projectcalls.com\/dev\/cdb-and-idb-showcase-procurement-opportunities-for-barbados-private-sector\/","url_meta":{"origin":25272,"position":0},"title":"CDB and IDB showcase procurement opportunities for Barbados private sector","author":"Michele Marius","date":"May 4, 2018","format":false,"excerpt":"Projects financed by the Caribbean Development Bank (CDB), and the Inter-American Development Bank (IDB) present significant business opportunities for the Region\u2019s private sector. However, limited understanding of the procurement processes at CDB and the IDB pose challenges for the business community, and result in low or unsuccessful participation. On Monday\u2026","rel":"","context":"In &quot;News\/Developments&quot;","block_context":{"text":"News\/Developments","link":"https:\/\/projectcalls.com\/dev\/category\/newsdevelopments\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/Procurement-in-handwriting-The-Blue-Diamond-Gallery.jpg?fit=1024%2C683&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/Procurement-in-handwriting-The-Blue-Diamond-Gallery.jpg?fit=1024%2C683&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/Procurement-in-handwriting-The-Blue-Diamond-Gallery.jpg?fit=1024%2C683&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/Procurement-in-handwriting-The-Blue-Diamond-Gallery.jpg?fit=1024%2C683&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":5908,"url":"https:\/\/projectcalls.com\/dev\/idb-and-cdb-jointly-host-integrity-workshop-in-guyana\/","url_meta":{"origin":25272,"position":1},"title":"IDB and CDB jointly host integrity workshop in Guyana","author":"Michele Marius","date":"June 15, 2018","format":false,"excerpt":"On Wednesday, May 23, the Caribbean Development Bank (CDB) and the Inter-American Development Bank (IDB) together hosted an integrity workshop in Georgetown, Guyana. This joint workshop is the first in a series of events aimed at promoting integrity in CDB and IDB development financing interventions in each institution\u2019s respective Borrowing\u2026","rel":"","context":"In &quot;News\/Developments&quot;","block_context":{"text":"News\/Developments","link":"https:\/\/projectcalls.com\/dev\/category\/newsdevelopments\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2017\/09\/Workshop-Pixabay-Pexels.jpeg?fit=1200%2C750&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2017\/09\/Workshop-Pixabay-Pexels.jpeg?fit=1200%2C750&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2017\/09\/Workshop-Pixabay-Pexels.jpeg?fit=1200%2C750&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2017\/09\/Workshop-Pixabay-Pexels.jpeg?fit=1200%2C750&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2017\/09\/Workshop-Pixabay-Pexels.jpeg?fit=1200%2C750&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":22205,"url":"https:\/\/projectcalls.com\/dev\/new-agreement-to-accelerate-financing-for-climate-projects-in-the-caribbean\/","url_meta":{"origin":25272,"position":2},"title":"New agreement to accelerate financing for climate projects in the Caribbean","author":"Mayra Bonilla Lopez","date":"May 19, 2022","format":false,"excerpt":"Jamaica \u00a0The European Investment Bank (EIB) and the Inter-American Development Bank (IDB) have signed a new agreement enabling them to better support climate resilient projects throughout Latin America and the Caribbean. They said the Mutual Reliance Agreement will improve project implementation and monitoring, empowering the EIB and the IDB to\u2026","rel":"","context":"In &quot;Articles&quot;","block_context":{"text":"Articles","link":"https:\/\/projectcalls.com\/dev\/category\/articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/05\/pexels-marta-ortigosa-3480494-scaled-e1652989694340.jpg?fit=1024%2C683&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/05\/pexels-marta-ortigosa-3480494-scaled-e1652989694340.jpg?fit=1024%2C683&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/05\/pexels-marta-ortigosa-3480494-scaled-e1652989694340.jpg?fit=1024%2C683&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/05\/pexels-marta-ortigosa-3480494-scaled-e1652989694340.jpg?fit=1024%2C683&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":38107,"url":"https:\/\/projectcalls.com\/dev\/cdb-oecs-world-bank-working-to-increase-procurement-opportunities-for-caribbean-businesses\/","url_meta":{"origin":25272,"position":3},"title":"CDB, OECS, World Bank Working to Increase Procurement Opportunities for Caribbean Businesses","author":"Mayra Bonilla Lopez","date":"January 23, 2025","format":false,"excerpt":"Caribbean The Caribbean Development Bank (CDB, the Bank) in partnership with the Organisation of Eastern Caribbean States Commission (OECS) and the World Bank hosted a two-day event for regional businesses to take full advantage of procurement opportunities offered by their projects. The initiative, called the CDB, OECS, WB Procurement Fair,\u2026","rel":"","context":"In &quot;Articles&quot;","block_context":{"text":"Articles","link":"https:\/\/projectcalls.com\/dev\/category\/articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2025\/01\/pexels-pixabay-209224-scaled-e1741618986451.jpg?fit=1024%2C683&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2025\/01\/pexels-pixabay-209224-scaled-e1741618986451.jpg?fit=1024%2C683&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2025\/01\/pexels-pixabay-209224-scaled-e1741618986451.jpg?fit=1024%2C683&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2025\/01\/pexels-pixabay-209224-scaled-e1741618986451.jpg?fit=1024%2C683&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":27082,"url":"https:\/\/projectcalls.com\/dev\/procurement-exercise-for-nids-public-education-campaign-being-finalised-clarke\/","url_meta":{"origin":25272,"position":4},"title":"Procurement exercise for NIDS public education campaign being finalised &#8211; Clarke","author":"Mayra Bonilla Lopez","date":"March 30, 2023","format":false,"excerpt":"Jamaica he Government will, in the 2023\/24 fiscal year, focus on operationalising the National Identification System (NIDS) project. To this end, focus will be placed on getting the National Registration and Registration Authority and the National Identification and Registration Inspectorate up and running. Both are the primary institutions through which\u2026","rel":"","context":"In &quot;Articles&quot;","block_context":{"text":"Articles","link":"https:\/\/projectcalls.com\/dev\/category\/articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2023\/03\/nathan-dumlao-ewGMqs2tmJI-unsplash.jpg?fit=1024%2C683&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2023\/03\/nathan-dumlao-ewGMqs2tmJI-unsplash.jpg?fit=1024%2C683&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2023\/03\/nathan-dumlao-ewGMqs2tmJI-unsplash.jpg?fit=1024%2C683&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2023\/03\/nathan-dumlao-ewGMqs2tmJI-unsplash.jpg?fit=1024%2C683&ssl=1&resize=700%2C400 2x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/posts\/25272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/users\/1091"}],"replies":[{"embeddable":true,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/comments?post=25272"}],"version-history":[{"count":2,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/posts\/25272\/revisions"}],"predecessor-version":[{"id":25276,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/posts\/25272\/revisions\/25276"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/media\/24795"}],"wp:attachment":[{"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/media?parent=25272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/categories?post=25272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/tags?post=25272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}