News

Title : World Bank found e-GP system of Bangladesh compliant with the MBD e-GP guidelines.
Description : World Bank found e-GP system of Bangladesh complaint with the MBD e-GP guidelines. From the initial assessment and review of the system conducted in October, 2012, the proposed e-GP system for use in bank funded projects is found to be generally complaint with the MBD e-GP guidelines. The e-GP system is in line with the key principles of the bank to ensure the basic standards of good governance are applied, namely: • Transparency • Non-discrimination • Equality of access • Open competition • Accountability • Security of the process The World Bank observe that the system provides open and equal access to all opportunities in an environment that is technologically neutral, applying standards to ensure interoperability and security. The system also provides complete audit trails of the procurement process and ensures each step receives the required approvals within the tendering organization. The World Bank team also said that CPTU has applied significant effort and detail to ensure the system and necessary documents that will form part of a bid document or bid response can be fully electronic without the need to submit any original paper documents including bank guarantees for bid securities or performance bonds. The e-GP system incorporates participating banks in Bangladesh directly into the system workflow allowing bidders to pay fees online and facilitate bid securities and performance security with the banks who will update the e-GP, verifying the authenticity and payment of the necessary instrument. The team concluded that the e-GP system in Bangladesh provides the government with a very good foundation for the implementation of the procurement reform program and will support the management and monitoring of the procurement process. The team recommended that the Bank could approve the use of the e-GP system for some bank funded projects including issuance of its no objections at various procurement steps on a trial basis to help facilitate the implementation of the system and to monitor and validity the use of the system once the Bank is satisfied that the proposed standard bidding documents for the projects and any associated business rules have been properly implemented in the system. It is understood that CPTU has conducted internal security testing of the system to validate the security and integrity of the system.
Publication Date : 20/05/2013