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Competitive bidding for fertilizers to ensure transparency Source:Dailynews A senior official of the Agriculture Ministry said that international competitive bidding for the import of fertilizers to Sri Lanka has been initiated under strict regulations imposed by the World Bank to ensure a fraud and corruption-free bidding process. According to those terms, contractors and subcontractors must allow World Bank representatives and audit teams to inspect and audit records, accounts and other documents related to the procurement process. Sri Lanka has now invited tenders for the import of 150,000 metric tonnes of urea for the upcoming Maha Season. This will be done utilising US$ 110 million provided by the World Bank under the emergency financial relief program. ...