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Procurement under Cofinancing
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Procurement under Cofinancing ArrangementsADB's procurement procedures must be followed even if its loan only finances part of the contract. Where a project involves several contract, the borrower may adopt its own procurement procedures for those contracts which will not involve the use of ADB loan proceeds. ADB must be satisfied, however, that the procedures will fulfill the borrower's general obligation for the project being carried out efficiently and in conformity with sound engineering or other appropriate practices. |
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