ITB's are issued when the requirement is specific and evaluation of offers is based on price and other price related factors. RFQ's are issued for low value procurement normally where the requirement is specific and evaluation of offers is based on price and other price related factors. In carrying out its mission and activities, WIPO acquires goods and services from a diversified source of suppliers and outsources certain projects to various contractors. WIPO aims to further enhance transparency and accountability in the course of its procurement process.
Some large projects require full-scale international tenders of the highest sophistication.
In line with the global standard practice, WIPO procurement procedures continue to be improved. Information technologies, including the Internet, will be used to make WIPO more modernized, expeditious and streamlined. The best prices and conditions from the maximum possible number of foreign suppliers will be pursued through transparent, fair, and the widest possible competition. Registration Procedure WIPO follows the procurement principles and procedures of the United Nations system.