Transparency and Integrity Principles in Infrastructure (TIPs)

The Inter-American Development Bank (IDB) has identified the need to develop a set of transparency and integrity principles (TIPs) understood as a series of recommended guidelines or best practices for the infrastructure sector, building on the existing international initiatives in this field. The TIPs apply to the entire infrastructure cycle, including identification, preparation, execution, and management, and will include the different public and private actors, beneficiaries, and other stakeholders that interact in the process. The purpose of these principles is to address integrity risks throughout the infrastructure project cycle, providing institutional, legal, and financial standards for governments; public, private, and multilateral banks; and other relevant stakeholders.