Policies and Procedures
Corporate Procurement Procedures
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This publication provides the official framework governing how the Caribbean Development Bank (CDB) procures goods, works, consulting services, and non-consulting services to support its operational needs. It sets out procurement principles, approval thresholds, procurement methods and consultant selection methods, contract management requirements, sustainability considerations, integrity safeguards, and complaint review mechanisms.Designed for procurement professionals, project managers, consultants, suppliers, auditors, and governance practitioners, the guide promotes a consistent, risk-based, and transparent approach to procurement. It explains how procurement opportunities are planned, advertised, evaluated, awarded, and managed, while embedding key principles such as competition, fairness, integrity, sustainability, efficiency, and value for money across the procurement lifecycle.The publication also includes practical tools and guidance on procurement planning, corporate procurement thresholds, framework agreements, consulting services selection methods, contract payment structures, sustainable procurement practices, procurement complaints handling, and contract award procedures. Whether you are seeking to understand CDB procurement requirements or benchmark procurement governance practices, this resource offers a comprehensive reference for modern corporate procurement management.