Applying good procurement practice
Competition is the fundamental principle of good procurement practice. Open, transparent and fair procedures for awarding public sector contracts for procurement of goods/plants, works and services help to create dependable and stable market conditions for private enterprises. They also form the basis for establishing accountability and enhance the cost-effective use of public funds, a matter that is of concern for NEFCO, its owners as well as its countries of operation.
Open, transparent and fair procedures
Open, transparent and fair procedures in line with established international procurement practices are the basis of NEFCO’s Procurement Guidelines. Current Procurement Guidelines were adopted by the Board of Directors of NEFCO on 12 December 2013 and replaced the Procurement Guidelines from 1998 and the internal Procurement Instruction of 1 May 2004.
We have a set of Procurement Guidelines and Recommended Tender Documents that are applied in projects financed by NEFCO. Download the documents at the bottom of the page.
Read about our procurement practice in Russian.
Tender notices on other sites
In accordance with our transparency policy, we publish a list of awarded contracts on a periodical basis.
Order Procurement notices
To stay updated on tenders for projects with NEFCO financing, sign up for our Procurement notices that will be sent via email.