OVERSIGHT
From preparation through implementation and beyond, we work to ensure proper oversight and accountability of projects.
From preparation through implementation and beyond, we work to ensure proper oversight and accountability of projects.
Evaluation at the IDB is a shared responsibility between management and the Office of Evaluation and Oversight (OVE).
The Procurement Committee, whose members are six senior bank managers, continually reviews the Bank’s procurement policies and rules and resolves major procurement-related issues arising during project implementation.
The Independent Consultation and Investigation Mechanism (MICI)is a last resort alternative open to group of individuals or communities who may be adversely impacted by IDB financed operations due to the Bank’s potential non-compliance with its own operational policies. The MICI process includes two phases: a Consultation Phase that provides parties with the opportunity to address requesters’ concerns in a voluntary, flexible and collaborative manner; and a Compliance Review Phase that enables requesters to ask for an investigation of a Bank-financed operation with the objective of establishing whether the Bank has failed to comply with any of its Relevant Operational Policies and whether that has caused harm to requesters.