Friday, May 7, 2021

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Managing Integrity Events in MDB-financed Private Sector Operations: Debarment vs. Contractual Remedies

October 20, 2020 @ 10:00 am – 11:15 am
The World Bank, Office of Suspension and Debarment

In this session of the Fifth International Debarment Colloquium, panelists will discuss the different remedies available to respond to misconduct in the context of MDB-financed private sector operations. As opposed to sovereign operations, MDBs in their in private sector operations have privity of contract with the entities that implement projects. This enables them to resort to both contractual remedies and debarments to address misconduct. Panelists will discuss the implications of having these two parallel tracks to address misconduct and present hypothetical cases to illustrate when one remedy is preferred over the other and the practical challenges involved in the implementation of each remedy.

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