Multilateral Development Banks Launch Joint Tool to Assess Electronic Government Procurement (eGP) Systems "

Tegucigalpa April 05, 2024.-The Heads of Procurement of the Multilateral Development Banks (MDBs) have collaborated in the development of a comprehensive and user-friendly tool to assess electronic Government Procurement (e-GP) systems of partner countries. This tool is specifically designed to assess the procurement of goods, works, or services financed by the MDBs through e-GP systems.

By introducing a structured and standardized approach, its objective is to determine whether e-GP systems meet the minimum requirements established by the multilateral development banks for their effective use.

The assessment tool conducts a thorough review of procurement policies, procedures, and practices to ensure compliance and enables MDBs to evaluate whether an e-GP system fulfills all necessary criteria or if additional requirements and restrictions are warranted. For broader reform initiatives, this tool is ideally complemented by the MAPS e-GP supplementary module.

The effective utilization of e-GP systems is critical for enhancing transparency, credibility, and efficiency of the procurement process, and also elevates the procurement function to a strategic level. By consolidating procurement related data to and offering comprehensive insights, e-GP systems empower decision-makers in project preparation and delivery.