UNCITRAL Model Law on Procurement of Goods and Construction
- Type: Model Law
- Date of signature: 09/12/1993
- Place of signature: New York, USA
- Depositary: United Commission Commision on International Trade Law (UNCITRAL)
- Date of entry into force: N/A
What is it about?
This Model Law, adopted by the United Nations Commission on International Trade Law (UNCITRAL), is intended for countries that want to adopt procurement legislation, applicable to the procurement of goods and construction. Its provisions deal with methods of procurement, public tendering procedures and their evaluation.
Why is it relevant?
By promoting the integrity and equity of procurement procedures, States allow for the optimal use of their public funds and benefit from services reflecting real market conditions. This Model Law is an important tool in combating corruption.
N/A E. Related Instruments: - Guidelines: Procurement under IBRD Loans and IDA Credits (World Bank, January 1999) - UNCITRAL Model Law on the Procurement of Goods, Construction and Services (New York, 01 January 1994). - Government Procurement Agreement (GPA), (WTO, Marrakech, 15 April 1994)