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ADB: | Asian Development Bank |
AfDB: | African Development Bank |
ATs: | Administrative Tribunals (i.e., the internal tribunals found in many IGOs that deal with employment related matters, such as discipline) |
BA: | The United Kingdom's Bribery Act 2010 |
BEC: | Bid Evaluation Committee |
BER: | Bid Evaluation Report |
CMC: | Construction Management Consultant |
Cross-debarment: | The process by which one MDB debars an entity due to the entity being debarred or otherwise sanctioned sanctioned by another MDB. |
DCA: | Development Credit Agreement |
DfID: | The United Kingdom's Department for International Development |
DIR: | Detailed Implementation Review |
Debarment: | A sanction imposed by an MDB on an individual or company found to have engaged in a sanctionable practice (e.g., corruption or fraud). A debarred entity is unable to participate in a project financed in whole or in part the EBRD: European Bank for Reconstruction and Development |
EIB: | European Investment Bank |
EO: | The Evaluation and Suspensions Officer at the World Bank. EOs act as a filter to ensure that only meritorious cases proceed to the Sanctions Committee |
ESO: | The Office of Evaluation and Suspensions at the World Bank |
FBS: | Fixed Budget Selection |
FCPA: | The US Fraud and Corrupt Practices Act 1977 |
Framework Agreement: | The agreement entered into in 2006 by the MDBs in order to harmonise their respective approaches to dealing with corruption and fraud |
IADB: | Inter American Development Bank |
IBRD: | International Bank for Reconstruction and Development |
ICB: | International Competitive Bidding |
ICR: | International Completion Report |
IDA: | International Development Agency |
IFC: | International Finance Corporation |
IFIs: | International Financial Institutions |
IGOs: | International Governmental Organisations |
INT: | The WBG's Integrity Vice Presidency, which has the mandate within the Sanctions Process to investigate and prosecute globally allegations of corruption on Bank funded projects |
IMF: | <.target1 a:hover>International Monetary Fund |
ITB: | <.target1 a:hover>Invitation to Bid |
LIB: | <.target1 a:hover>Limited International Bidding |
MDBs: | <.target1 a:hover>Multilateral Development Banks, such as the AfDB, the ADB, the EBRD, the IADB and the World Bank etc |
MIGA: | <.target1 a:hover>Multilateral Investment Guarantee Agency |
MoU: | Memorandum of Understanding |
NCB: | National Competitive Bidding |
NGOs | Non-Governmental Organisations |
NIB: | Nordic Investment Bank |
NSP: | Notice of Sanctions Proceedings issued by the ESO on an entity accused by INT of engaging in sanctional practices on World Bank financed projects |
OECD Convention: | Convention on Combating Bribery of Foreign Public Officials in International Business Transactions |
OLAF: | European Fraud Agency |
PACI: | The World Economic Forum's Partnering Against Corruption initiative |
PAD: | Project Appraisal Document |
PIP: | Project Implantation Plan |
PSA: | Procurement Support Agency |
PSU: | Program/Project Support Unit |
P&I: | Privileges and Immunities enjoyed by IGOs |
RDBs: | Regional Development Banks |
RFQ: | Request for Quotation |
QCBS: | Quality and cost based selection |
Sanctions: | The penalties imposed by an MDB on entities found culpable of engaging in a sanctionable practice |
Sanctions Committee: | A committee constituted by an MDB in order to determine whether an entity has engaged in a sanctionable practice on a Bank financed project. |
Sanctionable Practices: | Corruption, fraud, collusion, coercion and obstruction |
Sanctions Process: | The process by which MDBs sanction entities accused of sanctionable practices |
SCC: | Special Conditions of Contract |
SDR: | Special Drawing Rights |
SEC: | The US Securities and Exchange Commission |
TI: | Transparency International |
TTL: | World Bank Task Team Leader |
UN: | United Nations |
UNCAC: | United Nations Convention against Corruption |
UNSAs: | Specialised Agencies of the UN, such as the World Bank |
VDP: | World Bank's Voluntary Disclosure Program |
WBG: | World Bank Group, which comprises the IBRD, IFC, MIGA and IDA |
