Prof Williams-Elegbe
A new book by Prof Sope Williams-Elegbe titled “Public Procurement and Multilateral Development Banks” was recently published.
The book examines the issues and challenges raised by procurement regulation in the multilateral development banks. The book examines the history of procurement regulation in the banks; the tripartite relationship created between banks, borrowers and contractors in funded procurement; the procurement documents and procurement cycle; as well as how the banks ensure competition and value for money in funded procurements. The book also examines the bank’s approach to sustainability concerns in public procurement such as environmental, social and industrial concerns; as well as how the banks address the issue of corruption and fraud in funded contracts. Another issue that is addressed by this book is how the banks have implemented the aid effectiveness agenda. Consideration is also given to contractual and other remedies available to parties that may be aggrieved as a result of a funded procurement.
“Public Procurement and Multilateral Development Banks” analyses, compares and contrasts the legal, practical and institutional approaches to procurement regulation in the World Bank, the Inter-American Development Bank, the African Development Bank, the Asian Development Bank and the European Bank for Reconstruction and Development.