Guidelines for IMF Supplier EligibilityLast Updated: June 1, 2010
Who is eligible to become an IMF Supplier?
For this purpose, a Supplier is defined as an organization that has been incorporated, or registered as a company (sole proprietorship, partnership, limited partnership, and corporation) that has been established to offer goods and/or services for profit. Organizations registered as 'not for profit' (e.g. universities, United Nations agencies, other government agencies) are also considered a business.
How do businesses become eligible IMF Suppliers?
Potential Suppliers must meet the following criteria:
- The business enterprise must be currently incorporated or registered as a company (sole proprietorship, partnership, limited partnership, and corporation) and be able to demonstrate that it has been and is offering goods and/or services under the business name for a period of not less than three years.
- Potential Suppliers must not have been or currently be barred from contracting with any United Nations, World Bank, Government or international agency.
- Potential Suppliers must have more than one business client. Any revenue obtained from IMF contracts will likely not exceed more than 25% of the potential Supplier's total annual revenue from all sources.
What is the process for determining eligibility?
- All potential Suppliers who are invited to bid on IMF procurements are required to complete a Supplier Questionnaire, which is an attachment to the RFP package.
- Bidders submit questionnaire responses with their proposals, which are reviewed by the Procurement Officer and the Evaluation Team to determine eligibility.