Latest update January 26th, 2025 8:45 AM
Latest News
- Oil money not guaranteed next year- VP Jagdeo
- APNU, AFC say committed to talks towards Coalition for 2025 elections
- Four Israeli soldiers, 200 Palestinians released under Gaza truce deal
- Stray dogs captured by police after killing sheep
- EPA, other Govt. agencies meet to address gas cylinder related explosions
Evaluators receive IDB, NPTAB training procurement wrongs
The Inter-American Development Bank (IDB) and the National Procurement and Tender Administration Board (NPTAB) yesterday, concluded a two-day workshop aimed at improving the evaluation of tenders financed
Participants during the IDB, NPTAB workshop yesterday.
by the IDB.
The workshop was held under the theme “What to do when Procurement goes wrong”.
According to the IDB, the training focused on identifying potential challenges that adversely affect the efficiency of the procurement process, explaining the context in which such situations generally arise and why, and what could be the outcomes.
“This workshop is part of a strategy dedicated to achieving better efficiency and performance at the evaluation stage of IDB financed procurement processes. A first event took place on June 20 and June 21, last, focusing on the principles of evaluation for complex infrastructure procurement processes and consulting services.
“A third workshop will take place before year-end. It will focus on the analysis of financial information.”
The general objective is to avoid occurrences that may adversely affect the execution of the procurement process, to increase quality and reduce the total time between process launch and contract signature, the bank said.
The session was attended by about 45 persons who are appointed to be members of evaluation panels and were selected by the NPTAB.
“The IDB Country Office in Guyana is committed to providing all necessary assistance to improve project execution, disbursement projections, and capacity to manage and implement all forecasted procurement activities,” the statement said.
There have been overtime a significant number of complaints over the evaluation of tenders with some miss-steps, sometimes deliberate, unfairly weeding out contractors who would otherwise been in the running to win the award.
Established in 1959, the IDB is a leading source of long-term financing for economic, social and institutional development in Latin America and the Caribbean.
The IDB, which has been funding significant number of electricity, water and infrastructural projects in Guyana, also conducts cutting-edge research and provides policy advice, technical assistance and training to public and private sector clients throughout the region.
The IDB is the leading source of multilateral financing for Latin America and the Caribbean.
NPTAB is the independent agency which handles the tenders and evaluations and makes recommendations for awards.
Similar Articles
THE BLUNT OF THE DAY
Sports
Features/Columnists
A comedy of evasiveness starring Jagdeo
Peeping Tom… Kaieteur News- Bharrat Jagdeo, Vice President of Guyana, is a man who revels in the art of evasion. He... more
OAS Secretary General Election and renewed OAS Consensus
Antiguan Barbudan Ambassador to the United States, Sir Ronald Sanders By Sir Ronald Sanders Kaieteur News- The upcoming election... more
Weekend Cartoon
