The Caribbean Development Bank is pleased to present its third Annual Procurement Report. It provides an overview of the Bank’s procurement related performance, key initiatives, and results achieved during 2024.

In alignment with the Core Principle of transparency that underpins CDB’s Procurement
Framework, the Report serves two primary purposes:

• To provide stakeholders with key data and insights on procurement activities
  carried out by CDB’s Clients under Bank-financed projects; and
• To present a comprehensive account of CDB’s initiatives to strengthen procurement
  systems, advance procurement reform, and promote private sector participation in procurement across its Borrowing Member Countrie (BMCs). This includes updates on institutional partnerships, technical assistance, and outreach efforts.