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FIDIC’s chief executive explains the significance of the recent agreement signed with the World Bank that will see the international funding organisation adopt the use of nine FIDIC standard construction contracts for a further five years.
International engineering federation FIDIC has renewed a major agreement with the World Bank that will see the global funding organisation use nine key FIDIC contracts for a further five years.
International engineering federation FIDIC has warmly welcomed a new commitment on sustainable procurement from the global multilateral development banks.
Three consortia comprising nineteen high profile companies remain in contention for arguably Canada's largest ever infrastructure project - The High Frequency Rail Project.
Traditional procurement and collaboration methods have become outdated and inherently inefficient in today’s world. To survive, industries have no option but to embrace change, writes Schneider Electric's Stacy Van Dolah-Evans.
World Bank’s new ‘rated criteria’ approach to procurement receives full backing from international engineering federation FIDIC.
New research reveals that chief procurement officers will be the main drivers for improving the sustainability of construction projects.
Rated criteria in procurement will help World Bank borrowers get better value for money and further strengthen the bank's commitment to sustainability and fit-for-purpose solutions.
Tesfaalem Gebreiyesus, lead procurement specialist at the World Bank, set out the bank’s approach.
Roberto Laguado Giraldo, senior procurement specialist at the Inter-American Development Bank, sets out the growing use of international contracts across countries across the Americas, but with a notable absence of dispute boards.
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