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CDB 2024 Procurement Annual Report
Summary
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.
Table of contents
Preface 9
Overview 10
Procurement Under CDB Finances Projects 15
2024 Contract Award Data Analysis
Procurement Reform and Capacity Building Activities 41
Private Sector Engagement Activities 55