ADB procures goods, works, and services from external suppliers for its development projects and programs, and engages consultants to help prepare studies, appraisals, and reports.
The 2024 Annual Procurement Report by ADB’s Procurement, Portfolio, and Financial Management Department of the Asian Development Bank offers an insightful exploration of ADB’s commitment to procurement excellence. Through compelling stories and forward-thinking initiatives, the report highlights ADB’s dedication to quality, innovation, and sustainable development. It illustrates how core procurement principles translate into transformative, high-impact projects that uplift communities and drive progress. Showcasing cutting-edge initiatives, collaborative strategies, and enhanced transparency, this report underscores ADB’s mission to deliver sustainable, transformative solutions across Asia and the Pacific.
The incorporation of cutting-edge technologies and multimedia elements in this year’s report enhances transparency, better engages with stakeholders, and supports the execution of projects.
The Procurement, Portfolio and Financial Management Department (PPFD) provides fiduciary oversight of procurement of goods, works, non-consulting and consulting services. PPFD supports ADB staff and borrowers on procurement planning and implementation, contract management, and related risk assessment and mitigation throughout the project life cycle. It also leads procurement and consulting services innovation and capacity building initiatives.
ADB extends loans and provides technical assistance to its developing member countries for a broad range of development projects and programs involving the procurement of goods, works, and services.
ADB engages individual consultants and consulting entities to provide expert advice such as in contract preparation and project supervision, and to help ADB to prepare studies, appraisals, and reports.
Sustainability is at the core of development and procurement is not an exception.
The global and regional scale of public procurement presents a significant opportunity to advance innovation, foster inclusiveness and sustainability, fight climate change, address social issues, and ultimately drive economic and institutional growth.
In line with Strategy 2030, and the bank’s commitment to full alignment with the Paris Agreement, ADB has identified procurement as one of the key functions supporting and promoting the sustainability of its sovereign operations.
In December 2021, ADB published its Guidance Note on Sustainable Public Procurement and incorporated Sustainable Procurement in the Strategic Procurement Planning process, as well as ADB Standard Bidding Documents. Since then, ADB has been developing training and tools as well as country diagnostics to further assist its borrowers in implementing sustainable procurement at country system and project levels.
In 2023, a working group consisted of representatives from 12 MDBs, chaired by the Asian Development Bank, developed a MDB Joint Statement on Sustainable Procurement, reflecting the collective intent of MDBs on mainstreaming sustainable procurement. They aim to catalyze environmental, social, economic, and institutional sustainability outcomes, at both national public procurement system level and within project operations procurement, as each MDB’s mandate permits. The working group called for using procurement to achieve the goals set out in Paris Agreement, maximize our chance of rebuilding better and laying the groundwork for a socially inclusive, gender responsive, just green transition. The joint statement was endorsed by the MDBs at the Heads of Procurement Meeting 2023.
In September 2024, ADB and other MDBs launched the Sustainable Procurement Resource Hub, a common online platform for development partners, governments, industries, civil society organizations, and academic institutions to exchange data and information on the latest advances in sustainable public procurement.
ADB's Corporate Services Department (CSD) procures goods, works, and services necessary for institutional use in its headquarters and field offices to support its operations.
ADB's new procurement framework comprises a Procurement Policy and Procurement Regulations for ADB Borrowers. It modernizes project procurement processes through a principles-based approach, to meet the diverse needs of clients as ADB scales up its operations in line with Strategy 2030.
Find detailed information on a range of topical procurement issues for borrowers, grant recipients, bidders, and civil society under ADB's new Procurement Policy.
These staff instructions guide the principles-based application of the 2017 ADB Procurement Policy and Procurement Regulations for ADB Borrowers.
ADB's Procurement Guidelines and Guidelines on the Use of Consultants defined the policies and procedures for selecting, contracting, and monitoring suppliers of goods, works, and services for ADB-financed projects.
The PAIs outline the policies and procedures to be followed by ADB staff involved in the administration of ADB-financed loan and technical assistance projects.
Procurement, Portfolio and Financial Management Department
ADB Headquarters, 6 ADB Avenue
Mandaluyong City 1550
Metro Manila, Philippines
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