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How long does it normally take a firm to win a Bank financed contract?

April 26, 2017Bank contract financed firm Win

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How long does it normally take a firm to win a Bank financed contract?

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The time and cost of winning a contract can vary a great deal. Specifically, the length of time depends on the mode of procurement. Furthermore, the likelihood that a firm will win a contract depends also on how competitive it is in a particular borrowing member country.