How does the EIB manage procurement of services, supplies and works for its own account?
As the European Union’s financing institution, the Bank, in its dealings with external providers, is committed to respecting the fundamental EU principles regarding public procurement, such as the principles of equal treatment, non-discrimination and transparency. The Bank considers that, as a general rule, these principles can be best implemented by competition among qualified tenderers and by a selection based both on cost and quality considerations. All information is published in the Official Journal of the European Union and announced on the EIB website in the form of a new item. For more information please see the Guide for procurement of services, supplies and works by the EIB for its own account.