{
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  "docSlug": "1348ec02ac654e39",
  "documentTitle": "Best Practices in Private Sector Sustainable Procurement",
  "authorId": "McKinsey",
  "authorName": "World Bank",
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  "notes": "Figure 2 shows a mapping between national and project levels, highlighting the role of PPSD and PAD documents.",
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      "text": "PPSD and PAD are key documents for integrating country development objectives with project risks and opportunities",
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      "text": "The Environmental and Social Framework (ESF) is the Bank's framework for management of environmental and social (E&S) risks and impacts of IPF projects; Green, Resilient, and Inclusive Development (GRID) departs from previous development strategies; The Bank and Borrowers agree upon national-level priorities in documents such as the Country Partnership Framework (CPF).",
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      "text": "The Bank's Core Procurement Principles (illustrated in Figure 3) are set out in the Bank Policy on procurement. They are fundamental to good procurement practice and provide the foundation for SPP practice within the Bank's Procurement Framework. For example, one of the Bank's core principles, Value for Money (VfM), has a broad definition that includes a strong theme of sustainability.",
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      "text": "As illustrated in Figure 2, SPP at the Bank also requires procurement to consider how to incorporate different E&S considerations at different stages of a project to align with Bank priorities and lending policies:",
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      "text": "VfM means the effective, efficient, and economic use of resources, which requires the evaluation of relevant costs and benefits, along with an assessment of risks, and of non-price attributes and/or life cycle costs, as appropriate.",
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      "kind": "title",
      "text": "SUSTAINABLE PROCUREMENT: AN INTRODUCTION TO SUSTAINABLE PROCUREMENT IN IPF PROJECTS FOR PRACTITIONERS",
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