<p class="p1">Rated Criteria prioritize fit-for-purpose solutions rather than only the lowest-evaluated price. Using Rated Criteria in public Procurement is familiar and has been good practice in many countries for over 30 years. In many procurements by governments around the world and procurements financed by the World Bank, African Development Bank, Asian Development Bank, and other institutions, Rated Criteria are already used for Procurement of Consultants, plants (e.g., water treatment plants, power plants, and so on), information technology activities, specialist textbooks, and reading materials (which involve development), and generally when Request for Proposals (RFP) are sought. Since 2016, the World Bank’s Procurement Framework has enabled Borrowers to use Rated Criteria to evaluate non-price factors such as technical matters, quality, sustainability, environmental, social, innovative aspects of Bids, and so on, when determining an award decision. <span class="s1">New international Procurements </span>advertised on or after September 1, 2023, using a Bank SPD must use Rated Criteria except for the optional use on the procurements of Pharmaceuticals, Vaccines, Off-the-shelf Goods and educational materials, Commoditiesm=, and other exceptions cleared by the World Bank’s Chief Procurement Officer on a fit-for-purpose basis. Using Rated Criteria more widely will increase Borrowers’ flexibility to procure Goods, Works, and non- Consulting Services best suited to their specific situation and provide a more fit-for-purpose approach. Rated Criteria will also increase the willingness of the best Bidders/Proposers to Bid and participate in Bank-financed Procurements—with the knowledge that their added value will be duly considered as part of the evaluation process, thereby increasing different supply options, global competition, and effective market solutions to solve the Borrower’s Procurement challenges.</p> <p class="p1">Increasing the use of Rated Criteria further contributes to successful contract outcomes and effective risk management, including managing issues such as sustainability, environmental, social, supply chain disruption, cybersecurity, global health emergencies, etc. Rated Criteria also contribute to combating Bid rigging and reducing the risk of collusion in the Procurement Processes. Combined with financial cost (and, where appropriate, life-cycle cost formulas), applying Rated Criteria provides a more actual value assessment focusing on quality, sustainability, and other key criteria.</p> <strong>Program Fee</strong>: The program fee is $3750.00 per person and it covers the following: <strong><a href="https://idiworldwide.net/wp-content/uploads/2023/09/Training-Program-on-Rated-Criteria.pdf" target="_blank" rel="noopener">Training-Program-on-Rated-Criteria</a></strong> <a href="https://docs.google.com/forms/d/e/1FAIpQLSdWeMRyYMJZQh0-6h9C_yEjahzDKGV7TrUu307M2CrR-eMTEg/viewform" target="_blank" rel="noopener"><strong>Click here to REGISTER</strong></a>