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How long does it normally take a firm to win a World Bank-financed contract? Is pursuing an opportunity costly?

April 26, 2017bank-financed contract firm opportunity pursuing Win world

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How long does it normally take a firm to win a World Bank-financed contract? Is pursuing an opportunity costly?

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The time and cost of winning a contract can vary a great deal. The likelihood a company will win a contract depends on how competitive it is in a particular developing country. Companies can expect the cost of pursuing an opportunity financed by the World Bank to be similar to the cost of pursuing an opportunity financed using a developing country’s own resources.