Annual Procurement Review
ANNUAL PROCUREMENT REVIEW 2016 Prepared by The Procurement Policy Department March 2017 OFFICIAL USE Executive summary This report, prepared by the Procurement Policy Department (PPD), reviews public sector procurement contracts signed in 2016, funded and/or administered by the Bank, procured by the Bank’s clients and entered into the Contract Review and Award database before the time of generating this report (22 March 2017). A separate section (2.16) covers the procurement activities of the Nuclear Safety Department (NSD). In 2016, a total of 206 contracts (excluding NSD contracts) were signed by the Bank’s clients. The total value of these contracts amounted to € 2.145 billion, for which EBRD’s own financing totalled € 1.2 billion. In comparison with 2015, although this is a similar number of signed contracts (a decrease by 10 per cent), it represents a substantial increase in the total contract value (by 90 per cent). It should also be noted that the statistics in this report does not cover the Gas Purchase Facility in Ukraine which would have added a significant monetary value to the report, bringing the total value to €2.690 billion. The combined value of all contracts therefore is the highest value recorded since the inception of the Bank. The average contract value was € 10.4 million and the average EBRD financing was € 5.8 million per contract. Both figures are higher than in the previous year. The largest contract was the construction of Nador West Port in Morocco. This works contract was signed with a value of € 699 million, is co-financed with the African Development Bank and implemented under the initiative of mutual recognition of procurement policies and oversight with other MDBs.
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