he financing of social and economic development programs in Latin America and the Caribbean brings with it a vast array of business opportunities for suppliers of goods and services from each of the IDB's 46 member countries. In 2002 alone, IDB loans resulted in the award of more than 11,000 contracts for civil works construction, the supply of goods and equipment and the provision of consulting services (by firms as well as individuals). In the same year, roughly $5.7 billion were disbursed to contractors as a consequence of the Bank's lending program.

The main source of information about the upcoming procurement and business opportunities generated by the Bank's lending is the Project and Procurement Information system, which contains descriptions of and procurement information about projects being considered for possible financing by the IDB (also known as "pipeline" projects). With the Project and Procurement Information system, interested suppliers can track the progress of projects as they move through successive stages of preparation. In many cases the executing agency contacts provided in each of these project descriptions prove to be the single most important piece of information the Bank can provide, affording a chance for prospective bidders to learn about the context in which tenders will be carried out and allowing for marketing of products and/or technical expertise.

For those new to the IDB and its procurement policies and practices, the IDB offers business seminars at headquarters in Washington (and, in concert with its Speakers' Bureau Program, the Country Offices and the members of the Board of Executive Directors) at various locations in North and South America, Europe and Japan. In addition to the "regular" series of briefings, which provide an overview of doing business on Bank-financed projects and sector specific presentations on infrastructure, social and environmental projects, two new seminars focus on the IDB's work in private-sector financing and offer a "hands-on" approach to bidding on specific procurement opportunities. To be notified about upcoming events sponsored by the IDB, please contact us by e-mail.

The "rules" governing procurement conducted with IDB financing are spelled out in Basic Procurement Policies and Procedures of the IDB. Contract award information is published in IDB Projects Online. The source for additional information regarding procurement procedures is the Procurement Policy and Coordination Unit.

To obtain further information about the business opportunities generated by the IDB's lending program, please contact us by e-mail at business@iadb.org.

To learn about opportunities offered by the IDB Private Sector Department (PRI), which provides loans and guarantees to private sector projects in the areas of energy, water and sanitation, transportation and telecommunications, please visit the PRI webpage.


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