Local Competitive Bidding
Local Competitive Bidding : LCB is one of several forms of procurement made with World Bank financing. LCB is generally used for contracts involving: (a) labor intensive activities; (b) small value; (c) locally procurable services or goods priced below the world market; (d) intermittant work; or (e) activities to be performed at numerous sites. See: International Business Opportunities Service International Competitive Bidding Limited International Bidding