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European Investment Bank Guide to Procurement

Thanks to their traditional decentralised organisation and large distribution network, savings banks have built strong local roots and gained extensive experience in developing relation- ships with major stakeholders in the local communities. Thus, they are deeply involved in the life of the area where they operate and have a thorough understanding of the socio-eco- nomic challenges and environment. They actively contribute to local and regional economic and social development, including in the most remote areas and underserved communities. In most cases, European savings banks favour the financing and supporting of projects with a targeted outreach, tailored to the local and regional citizens’. | European Investment Bank Guide to Procurement European I Investment I Bank European Investment Bank GUIDE TO PROCUREMENT for projects financed by the EIB Updated version of June 2011 European Investment Bank Guide to Procurement TABLE OF CONTENTS Introduction 1. General Aspects.4 1.1. The Bank s Policy.4 1.2. Eligibility of Contractors and Suppliers of Goods and Services.4 1.3. Bank and Promoters Respective Roles.5 1.4. Ethical Conduct.5 1.5 Conflict of Interest.6 1.6. T ransparency of Bank Activities.6 1.6.1. Disclosure of Information.6 1.6.2. Complaints against the Bank.6 1.7. Environmental and Social Policies.7 2. Operations within the European Union.7 2.1. Operations to which EU Directives apply.7 2.2. Operations to which EU Directives do not apply.8 3. Operations outside the European Union.9 3.1. General. .9 3.2. Eligibility of Providers of Works Goods and Services.9 3.2.1. Financing from Own Resources.9 3.2.2. Financing under Resources from Third Parties.9 3.2.3. Co-financing from Own Resources.9 3.3. Description of Procurement Procedures.10 3.3.1. General.10 3.3.2. International Procurement Procedures.10 3.3.3. National Procurement Procedures.11 3.4. Selection of Procurement Procedures.11 3.4.1. Operations in the Public Sector.11 3.4.2. Operations in the Private Sector.13 3.4.3. Concession Operations.14 3.4.4. Specific Operations.15 3.4.5. Specific Case of Joint Co-financing.16 3.5. Bank Review of Procurement Decisions for both public and private operations .16 3.6. Prohibited Conduct - Covenant of Integrity.17 3.7. International Procurement Procedures.17 3.7.1. General Aspects.17 3.7.2. Publication of the Procurement Notice. 17 3.7.3. Pre-qualification in Restricted Procedures. 18 3.7.4. Tender Documents . 18 3.7.5. Language. 19 3.7.6. Technical Specifications . 19 3.7.7. Tender Prices for Goods Works and Services. 19 3.7.8. Currency. 20 3.7.9. Local Preference for Goods . 20 3.7.10. Tender Evaluation Criteria . 21 3.7.11. Opening of Tenders. 21 3.7.12. .