Capture World Bank Procurement Spread via Compliance Facilitation Gateway
- Organization
- Secretariat for Science, Technology, Innovation and Professional Education of the State of Espírito Santo
- Sector
- Brazilian construction and IT firms bidding on World Bank-funded infrastructure projects
- Location
- Espírito Santo, Brazil
Source reference
Executive summary
Current state
World Bank IBRD Loan 96790 provides $9.5M to Espírito Santo's Secretariat for digital infrastructure, but mandatory STEP compliance and procurement regulations create execution bottlenecks that prevent autonomous exploitation of allocated capital.
Market catalyst
The Secretariat has $9.5M allocated capital but cannot execute autonomously due to World Bank's mandatory STEP compliance framework, creating a bottleneck that vendors cannot navigate without specialized expertise.
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