Latest update November 21st, 2024 1:00 AM
Sep 30, 2017 News
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
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.
Nov 21, 2024
Kaieteur Sports – The D-Up Basketball Academy is gearing up to wrap its first-of-its-kind, two-month youth basketball camp, which tipped off in September at the Tuschen Primary School (TPS)...…Peeping Tom kaieteur News- Every morning, the government wakes up, stretches its arms, and spends one billion dollars... more
By Sir Ronald Sanders Kaieteur News – There is an alarming surge in gun-related violence, particularly among younger... more
Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.
Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: [email protected] / [email protected]