Showing posts with label risk assessment. Show all posts
Showing posts with label risk assessment. Show all posts

Next Country Partnership Strategy - ADB starts procurement risk assessment soon

The Asian Development Bank (ADB) will soon start the assessment of procurement risks as it is finalising the next country partnership strategy (CPS) for Bangladesh for 2016-2020 period, officials said.

The lender has recently sought permission from Economic Relations Division (ERD) for fielding a mission during July-August period as its governance framework requires risk assessment before finalising the CPS.

"ADB's governance framework requires that country and sector/agency procurement risks be assessed during the preparation of CPS and mitigated at the project level as part of project preparation," ADB country director in Bangladesh Kazuhiko Higuchi said in a recent letter.