Pub. L. 109-102, tit. V, sec. 599D
Pub. L. 109-102, tit. V, sec. 599D
Sec. 599D. Twenty percent of the funds appropriated by this Act under the heading “International Development Association”, shall be withheld from disbursement until the Secretary of the Treasury certifies to the appropriate congressional committees that—(1) World Bank procurement guidelines are applied to all procurement financed in whole or in part by a loan from the International Bank for Reconstruction and Development (IBRD) 119 STAT. 2244 or a credit agreement or grant from the International Development Association (IDA);(2) the World Bank proposal “Increasing the Use of Country Systems in Procurement” dated March 2005 has been withdrawn;(3) the World Bank is maintaining a strong central procurement office staffed with senior experts who are designated to address commercial concerns, questions, and complaints regarding procurement procedures and payments under IDA and IBRD projects;(4) thresholds for international competitive bidding are established to maximize international competitive bidding in accordance with sound procurement practices, including transparency, competition, and cost-effective results for the Borrowers;(5) all tenders under the World Bank’s national competitive bidding provisions are subject to the same advertisement requirements as tenders under international competitive bidding; and(6) loan agreements are made public between the World Bank and the Borrowers.