World Bank Listing of Ineligible Firms and Individuals - Procurement

The World Bank's listing of ineligible firms and individuals identifies firms and individuals who are barred from participating in World Bank-funded projects due to misconduct or failure to comply with procurement regulations. This list helps ensure transparency and integrity in procurement processes, allowing organizations to avoid engaging with ineligible entities. Staying informed on this list is crucial for maintaining compliance and fostering ethical business practices within the global development sector.

Mitigate risk with our comprehensive screening solutions for your AML and sanctions compliance.
1,704 Entities in World Bank Listing of Ineligible Firms and Individuals - Procurement
Entity NameEntity TypeEffective DateStatus

IVANOF SAID ESPINOZA GUERRERO

IndividualSep 24, 2021inactive

SIDRAI ENTERPRISES

CompanyFeb 21, 2017inactive

RAMON ESCORZA ESCORZA

IndividualJul 27, 2016inactive

JUAN MUNOZ COELLO

IndividualApr 6, 2016inactive

ZHAO XU

IndividualApr 6, 2020inactive

VICTOR MANUEL MARCELINO CHAVEZ LOAIZA

IndividualJan 10, 2020inactive

MANUEL CANDAL CANDAL

IndividualAug 9, 2019inactive

MR ROBERT KAMAU WACHIRA

IndividualMar 1, 2022inactive

XIAO DAN

IndividualJul 8, 2020inactive

FIDEL ANTONIO VEGA VELIZ

IndividualJan 28, 2021inactive

FAQs

Why is compliance with the World Bank Listing of Ineligible Firms and Individuals - Procurement necessary?

Compliance with the World Bank's Listing of Ineligible Firms and Individuals is crucial for maintaining the integrity of procurement processes. Adhering to these listings helps ensure that only qualified, ethical entities participate in projects funded by the World Bank, thereby safeguarding public resources. Non-compliance risks severe penalties, including disqualification from future contracts and damage to reputations. Ultimately, compliance fosters a fair competitive environment, promotes accountability, and supports the effective use of funds intended for development and public welfare.

Which companies should comply with World Bank Listing of Ineligible Firms and Individuals - Procurement?

Companies involved in procurement, particularly in sectors like construction, engineering, and consulting, must comply with the World Bank Listing of Ineligible Firms and Individuals. This compliance is essential to ensure transparency, integrity, and fair competition in projects funded by the World Bank. Engaging with ineligible entities can lead to legal repercussions, financial losses, and damage to reputation.