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

SUN TRANSFORMER MANUFACTURING CO LTD

CompanyJul 2, 2015active

A2Z WASTE MANAGEMENT JAIPUR LIMITED

CompanyMay 28, 2021active

SHANDONG LANLAN BUILDING MATERIALS TECHNOLOGY CO LTD

CompanyFeb 14, 2022inactive

KUVASOY TAMIR KURLISH LLC

CompanyJun 13, 2018active

NANCHANG HEHONG CONSTRUCTION CO LTD

CompanyJul 26, 2021active

DIGIMAX SERVICES LIMITED

CompanyNov 12, 2021active

MMK PROJECT SERVICES LIMITED

CompanyJan 31, 2014active

HEBEI SHENNING CONSTRUCTION ENGINEERING CO LTD

CompanyAug 22, 2024active

REEF BUILDING SYSTEMS LIMITED

CompanyJul 9, 2013active

WEIHAI CONSTRUCTION GROUP COLICCON CONSTRUCTION DEVELOPMENT LTD

CompanyFeb 14, 2022inactive

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.