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.

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1,704 Entities in World Bank Listing of Ineligible Firms and Individuals - Procurement
Entity NameEntity TypeEffective DateStatus

WEIHAI JIANDONG REAL ESTATE CO LTD

CompanyFeb 14, 2022inactive

CESA DE NICARAGUA SA

CompanyAug 28, 2020active

ZHONGTAI CONSTRUCTION GROUP HOLDING CO LTD

CompanyJan 12, 2018active

VIETNAM WATER AND ENVIRONMENT INVESTMENT CORPORATION – JSC

CompanySep 26, 2022active

TENENGE ASSEMBLY AND MAINTENANCE LTDA.

CompanySep 25, 2019inactive

TIGER IT BANGLADESH LTD

CompanyApr 24, 2019active

VENUS IT SOLUTIONS PRIVATE LIMITED

CompanySep 24, 2024active

CNO SA

CompanySep 25, 2019inactive

PROJECTPLAN CONSULTORIA E PROJETOS LTDA

CompanyJun 30, 2023active

HEBEI CONSTRUCTION GROUP CORPORATION LIMITED XIAN BRANCH

CompanyAug 22, 2024active

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.