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...Procurement principles and rules approved by the bstdb board of directors december introduction purpose scope terms abbreviations responsibilities policy considerations for public sector operations in private through financial intermediaries consulting services references associated documents annexes page are based on need to achieve economy efficiency both transparency accountability administration competition is proven way do this a fundamental principle good practice such procedures fairly applied awarding contracts goods works help create dependable stable markets efficient businesses they also form basis establishing encourage cost effective use funds process directly affects time required project execution ultimate performance operation practices should lead significant money savings bank s clients ensure successful implementation encouraging sound policies competent organisations administer them an important part development section describes general that applicable all contains...