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World Bank to use ARMEPS system of public procurement

17.03.2017, 15:22
The World Bank Yerevan Office will use an Armenian-government designed electronic system of public procurement to make purchases, Deputy Finance Minister Karen Tamazyan told journalists on Friday.

World Bank to use ARMEPS system of public procurement
YEREVAN, March 17. /ARKA/. The World Bank Yerevan Office will use an Armenian-government designed electronic system of public procurement to make purchases, Deputy Finance Minister Karen Tamazyan told journalists on Friday.

He said the government launched a pilot electronic platform for public procurement called ARMEPS, which will start full-fledged operation from April.

He said the accord was reached following a series of talks with World Bank Yerevan Office. Henceforth, all procurement to be made for WB-funded projects in Armenia will be made by using the ARMEPS system. 

‘The decision of the World Bank Yerevan Office to use the system is an indication of a very high confidence of an international organization in  the Armenian public procurement system  showing  its transparency and impartiality and allowing the conduction of tenders at international level," Tamazyan said.

According to him, by the end of February, the Ministry of Finance completed a series of training courses for all employees of state structures that cooperate with the World Bank in the procurement process and is  ready to launch the system.

"In fact, we have created a system that can be used apart from the state, by other structures and organizations as well to make procurement," Tamazyan said.

According to the deputy minister, the government plans to start negotiations with the Asian Development Bank so that it too uses the system. Then negotiations will be held with other international partners of Armenia. -0-