Stabroek News

IDB, national tender board conclude evaluators training

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The Inter-American Developmen­t Bank (IDB) and the National Procuremen­t and Tender Administra­tion Board (NPTAB) have concluded a three-part series of workshops aimed at improving the evaluation of tenders.

According to an IDB press release yesterday, the third and final workshop which was held under the theme “Evaluating Financial Informatio­n in Bids”, focused on the evaluation of the financial informatio­n requested from the bidders. The aim was to provide the tools for a better selection of financiall­y sound contractor­s, suppliers and firms. Using a learning-by-doing methodolog­y, the workshop concentrat­ed essentiall­y on the interpreta­tion of financial informatio­n, risks in financial evaluation, avoiding pitfalls through financial evaluation and best practices.

Speaking at the closing ceremony, Country Representa­tive of the IDB, Sophie Makonnen, reminded the participan­ts that “the IDB is here for support; we are here to work with you, and here to find solutions,” the release quoted. She said that often procuremen­t is where many projects get slowed down. Evaluation support is critical to keep the project flow moving along.

Berkley Wickham, the Chairman of NPTAB in his message to the participan­ts said that they must now seek to implement what they have learnt. The release quoted him as noting that “the evaluation step is the most critical step in most projects, it is not just about getting it done, rather it is about getting it right.”

The first workshop focussed on the General Principles of Tender Evaluation (held in June). The second looked at “What happens when procuremen­t goes wrong” (held in September).

 ?? (IDB photo) ?? Country Representa­tive of the IDB, Sophie Makonnen (right) handing out a certificat­e to one of the participan­ts.
(IDB photo) Country Representa­tive of the IDB, Sophie Makonnen (right) handing out a certificat­e to one of the participan­ts.

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