Procurement
(a) General. All goods and consultants’ services required for the Project and to be financed
out of the proceeds of the Grant shall be procured in accordance with the requirements set forth or referred
to in:
(i) Section I of the “Guidelines: Procurement of Goods, Works and Non-consulting
Services under IBRD Loans and IDA Credits and Grants by World Bank Borrowers” dated January 2011
(revised July 2014) (“Procurement Guidelines”), in the case of goods;
(ii) Sections I and IV of the “Guidelines: Selection and Employment of Consultants
under IBRD Loans and IDA Credits and Grants by World Bank Borrowers” dated January 2011 (revised
July 2014) (“Consultant Guidelines”) in the case of consultants’ services; and
(iii) the provisions of this Section, as the same shall be elaborated in the procurement
plan prepared and updated from time to time by the Recipient for the Project in accordance with paragraph
1.18 of the Procurement Guidelines and paragraph 1.25 of the Consultant Guidelines (“Procurement Plan”).
(b) Definitions. The capitalized terms used in the following paragraphs of this Section to
describe particular procurement methods or methods of review by the World Bank of particular contracts,
refer to the corresponding method described in [Sections II and III of the Procurement Guidelines, or]
Sections II, III, IV and V of the Consultant Guidelines, as the case may be.
(c) Particular Methods of Procurement of Goods
(i) Except as otherwise provided in sub-paragraph (ii) below, goods and non-
consulting services shall be procured under contracts awarded on the basis of International Competitive
Bidding subject to the following additional procedures:
(ii) The following methods, other than International Competitive Bidding, may be
used for procurement of goods for those contracts which are specified in the Procurement Plan:(A) National
Competitive Bidding; (B) Shopping; and (D) Direct Contracting.
(iii) NCB modifications: The National Competitive Bidding procedures shall be
based on the Open Procedures as defined in the Public Procurement Law of Serbia, and the
following additional provisions:
(i) "Open Procedures” as defined in Public Procurement Law of Serbia shall apply to all
contracts;
(ii) Foreign bidders shall not be precluded from bidding and no preference of any kind shall
be given to national bidders in the bidding process. Government-owned enterprises in
Serbia shall be permitted to bid only if they are legally and financially autonomous and
operate under commercial law of the Borrower;
(iii) Procuring entity shall use sample bidding documents approved by the World Bank;
(iv) In case of higher bid prices compared to the official estimate, all bids shall not be rejected
without the prior concurrence of the World Bank;
(v) A single-envelope procedure shall be used for the submission of bids;
(vi) Post-qualification shall be conducted only on the lowest evaluated bidder; no bid shall be
rejected at the time of bid opening on qualification grounds;
(vii) Bidders who contract as a joint venture shall be held jointly and severally liable;
(viii) Contracts shall be awarded to the lowest evaluated, substantially responsive bidder who is
determined to be qualified to perform in accordance with pre-defined and pre-disclosed
evaluation criteria;
(ix) Post-bidding negotiations shall not be allowed with the lowest evaluated or any other
bidders; and
(x) Contracts of long duration (more than 18 months) shall contain appropriate price
adjustment provisions.
(d) Particular Methods of Procurement of Consultants’ Services
(i) Except as otherwise provided in item (ii) below, consultants’ services shall be
procured under contracts awarded on the basis of Quality- and Cost-based Selection.
(ii) The following methods, other than Quality- and Cost-based Selection, may be used
for the procurement of consultants’ services for those assignments which are specified in the Procurement
Plan: (A) Least Cost Selection; (B) Selection based on Consultants’ Qualifications; (C) Single-source
Selection of consulting firms; (D) Selection of Individual Consultants; and (J) Sole-source procedures for
the Selection of Individual Consultants.
(e) Review by the World Bank of Procurement Decisions. The Procurement Plan shall set
forth those contracts which shall be subject to the World Bank’s Prior Review. All other contracts shall be
subject to Post Review by the World Bank.
(f) Document Retention. Notwithstanding the provisions of paragraphs 2(j) and 5 of Appendix
1 to the Procurement Guidelines, and paragraphs 2(k) and 5 of Appendix 1 to the Consultant Guidelines,
the Recipient: (i) shall retain all documentation with respect to each contract as described in said paragraphs
for at least seven years and six months after the Closing Date set forth in Section 3.03 of this Agreement;
(ii) shall furnish such documentation to the World Bank at any time upon request; and (iii) hereby authorizes
the World Bank to disclose such documentation to the Donor.
PROCUREMENT
Serbia : Serbia Technical Assistance to Reform Corporate Financial Reporting
PLAN
General Information
Country: Serbia Bank’s Approval Date of the Original Procurement Plan: 2018-10-25
2020-03-01
Revised Plan Date(s): (comma delineated, leave blank if none)
Project ID: P154862 GPN Date:
Project Name: Serbia Technical Assistance to Reform Corporate Financial Reporting
Loan / Credit No: TF / A2080
Executing Agency(ies): Central Fiduciary Unit
WORKS
Bid Evaluation
Activity Reference No. / Draft Bidding
Loan / Credit Market Procurement Prequalification Estimated Actual Amount Process Draft Pre-qualification Prequalification Specific Procurement Bidding Documents Proposal Submission / Report and
Description Component Review Type Method Document / Signed Contract Contract Completion
No. Approach Process (Y/N) Amount (US$) (US$) Status Documents Evaluation Report Notice / Invitation as Issued Opening / Minutes Recommendation for
Justification
Award
Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual
GOODS
Bid Evaluation
Activity Reference No. / Draft Bidding
Loan / Credit Market Procurement Prequalification Estimated Actual Amount Process Draft Pre-qualification Prequalification Specific Procurement Bidding Documents Proposal Submission / Report and
Description Component Review Type Method Document / Signed Contract Contract Completion
No. Approach Process (Y/N) Amount (US$) (US$) Status Documents Evaluation Report Notice / Invitation as Issued Opening / Minutes Recommendation for
Justification
Award
Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual
NON CONSULTING SERVICES
Bid Evaluation
Activity Reference No. / Draft Bidding
Loan / Credit Market Procurement Prequalification Estimated Actual Amount Process Draft Pre-qualification Prequalification Specific Procurement Bidding Documents Proposal Submission / Report and
Description Component Review Type Method Document / Signed Contract Contract Completion
No. Approach Process (Y/N) Amount (US$) (US$) Status Documents Evaluation Report Notice / Invitation as Issued Opening / Minutes Recommendation for
Justification
Award
Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual
RCFR/1/1.6/2016 / IDEA
LICENSES AND TRAINING
TF / A2080 Post Direct Selection Direct 68,184.00 62,547.46 Signed 2019-10-30 2019-11-01 2019-11-04 2019-10-23 2019-11-18 2019-10-28 2019-12-31
FOR THE STATE AUDIT
INSTITUTION OF SERBIA
CONSULTING FIRMS
Activity Reference No. / Combined Evaluation
Loan / Credit Market Contract Type Estimated Actual Expression of Interest Short List and Draft Request for Proposals Opening of Technical Evaluation of
Description Component Review Type Method Process Status Terms of Reference Report and Draft Signed Contract Contract Completion
No. Approach Amount (US$) Amount (US$) Notice Request for Proposals as Issued Proposals / Minutes Technical Proposal
Negotiated Contract
Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual
RCFR 1/1.1/2016 / Training
in use and application of
IFRS, IFRS for SMEs and
ISAs and organization of Quality And Cost- Open -
TF / A2080 Prior 1,216,700.00 907,419.79 Canceled 2018-09-13
events and activities in Based Selection International
order to increase
understanding and use of
financial reporting
RCFR 1/1.1/2016 (revised) /
Consultant for training in
use and application of IFRS,
IFRS for SMEs and ISAs Quality And Cost- Open -
TF / A2080 Prior 1,200,000.00 915,372.40 Signed 2018-09-18 2018-09-25
and organization of events Based Selection International
and activities in order to
increase understanding and
use of financial reporting
Page 1
INDIVIDUAL CONSULTANTS
Activity Reference No. / Invitation to
Loan / Credit Market Contract Type Estimated Actual Draft Negotiated
Description Component Review Type Method Process Status Terms of Reference Identified/Selected Signed Contract Contract Completion
No. Approach Amount (US$) Amount (US$) Contract
Consultant
Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual
SRB-TF2080-
RCFR/2/2.3/2016 / Financial TF / A2080 Prior Direct Selection Direct 0.00 28,517.12 Signed 2016-05-01
Specialist
SRB-TF2080-
RCFR/2/2.2/2016 / TF / A2080 Prior Direct Selection Direct 0.00 28,517.12 Signed 2016-05-01
Procurement Specialist
Individual
YF-CFU-92136-CS-INDV /
TF / A2080 Post Consultant Limited 27,300.00 71,990.70 Signed 2018-12-28 2018-12-20 2019-01-02 2019-02-20 2019-01-30 2019-02-22 2019-03-06 2019-02-26 2019-12-31
Project Coordinator
Selection
RCFR1/109/2019 /
Consultant for alignment of
translated IFRS and IFRS
for SMEs with Serbian
TF / A2080 Post Direct Selection Direct 4,400.00 4,158.06 Signed 2019-06-13 2019-06-07 2019-06-21 2019-06-27 2019-07-05 2019-06-27 2019-09-30
official terminology
and for ensuring the
accuracy of translated
standards (first position)
RCFR1/110/2019 /
Consultant for alignment of
translated IFRS and IFRS
for SMEs with Serbian
TF / A2080 Post Direct Selection Direct 4,440.00 4,158.06 Signed 2019-06-13 2019-06-07 2019-06-21 2019-06-27 2019-07-05 2019-06-27 2019-09-30
official terminology
and for ensuring the
accuracy of translated
standards (second position)
RCFR1/111/2019 /
Consultant for alignment of
translated IFRS and IFRS
for SMEs with Serbian
TF / A2080 Post Direct Selection Direct 4,440.00 4,158.06 Signed 2019-06-13 2019-06-07 2019-06-21 2019-06-27 2019-07-05 2019-06-27 2019-09-30
official terminology
and for ensuring the
accuracy of translated
standards (third position)
RCFR1/112/2019 /
Consultant for alignment of
translated IFRS and IFRS
for SMEs with Serbian
TF / A2080 Post Direct Selection Direct 4,440.00 0.00 Canceled 2019-06-13 2019-06-07 2019-06-21 2019-06-07 2019-07-05 2019-09-30
official terminology
and for ensuring the
accuracy of translated
standards (forth position)
RCFR/1/1.12/2020 /
Consultant for support in
preparation and
implementation of the new Under
TF / A2080 Prior Direct Selection Direct 84,000.00 0.00 2020-01-17 2020-01-19 2020-01-27 2020-01-22 2020-02-17 2021-03-31
by-laws (enforcement of the Implementation
Accounting Law) including
trainings (second half of
2020 and Q1 of 2021)
RCFR/1/1.15/2020 /
Consultant for analysis of
the existing and preparation
of new Chamber of
Authorized Auditors by-laws
and providing TF / A2080 Prior Direct Selection Direct 48,000.00 44,002.00 Signed 2020-01-20 2020-01-20 2020-01-28 2020-01-21 2020-02-18 2020-02-07 2020-12-31
inputs/suggestions for
improvements and
implementation of the new
by-laws within accounting
and audit regime
Page 2
RCFR1/1.9A/2020 /
Consultant for alignment of
translated IFRS and IFRS
Under
for SMEs with Serbian TF / A2080 Post Direct Selection Direct 2,400.00 0.00 2020-02-10 2020-02-03 2020-02-17 2020-02-26 2020-05-31
Implementation
official terminology and for
ensuring the accuracy of
translated standards
RCFR/1/1.10A/2020 /
Consultant for alignment of
translated IFRS and IFRS
for SMEs with Serbian Under
TF / A2080 Post Direct Selection Direct 2,400.00 0.00 2020-02-10 2020-02-03 2020-02-17 2020-02-26 2020-05-31
official terminology Implementation
and for ensuring the
accuracy of translated
standards
RCFR1/1.11A/2020 /
Consultant for alignment of
translated IFRS and IFRS
for SMEs with Serbian Under
TF / A2080 Post Direct Selection Direct 2,400.00 0.00 2020-02-10 2020-02-03 2020-02-17 2020-02-26 2020-05-31
official terminology Implementation
and for ensuring the
accuracy of translated
standards
RCFR/1/1.16/2020 /
Consultant for upgrade of
the software for the
registries kept in the
Chamber of Authorized Pending
TF / A2080 Prior Direct Selection Direct 18,000.00 0.00 2020-03-06 2020-03-14 2020-04-03 2020-08-31
Auditors (CAA) including Implementation
trainings provided to the
CAA staff in using the new
(upgraded) version of the
software
Page 3