#INTER AMERICAN FINANCE CODE#
The IATI reference for this indicator is: Tender (document code = A10). They may be on a separate website, possibly on a central government procurement website. Tenders are the individual contracts or proposals that have been put out to invite bids from companies or organisations that want to provide goods and services for an activity. Tenders: Does this organisation publish all tenders? The IATI reference for this indicator is: Contract (document code = A11 or A06). If an activity contract is included in a larger country-level document, it is only accepted if the contract mentions the activity specifically and in detail.īasic information about the activity contract is accepted if it contains three of the following five information items: awardee, amount, overview of services being provided, start/end dates, unique reference to original tender documents. This could be on a procurement section of the organisation’s website, on a separate website or on a central government procurement website.Ĭontract documents cannot simply be at the country level. IADBs biggest improvement was in the performance component, which increased by nearly three points and placed it above the group average.Ĭontracts: Is the contract for the activity published? The individual contract(s) signed with a company, organisation or individual that provides goods and services for the activity. This is due to its exceptions policy on confidentiality of information provided by third parties, which did not include an objective harm test. It slightly dropped points for not having up to date country strategies for all the countries it works in and for its quality of FOI legislation. It received top scores for joining-up development data and organisational planning and commitments components. It received a high score for the finance and budgets component, disclosing good quality data to the IATI Registry across all indicators. IADB scored highly for the quality of IATI data in the project attributes component, only slightly dropping points in the conditions data indicator. IADB came in the top five donors across three of the five components assessed: finance and budgets, joining-up development data, and performance. We found that all the information captured by the Index was available on the IATI Registry and scored it as such. It slightly improved its overall total score, up one point from the 2020 Index, and all components received high scores. IADB moved up two positions to third in the Index.
It publishes to the IATI Registry on a monthly basis. The mission of the Inter-American Development Bank (Bank or IDB or IADB) is to improve lives in Latin America. IADB has remained in the ‘very good’ category, where it has ranked since 2016.
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