Latest update December 25th, 2024 1:10 AM

Guyana's largest selling daily and New York's most popular weekly

Latest News

Govt. moving to close more loopholes in public procurement …forges ahead with debarment procedures for shoddy contractors

Nov 30, 2018 News

The Government said it has prioritised the modernisation of the public procurement process and plans to effect several changes in the coming months to ensure improved accountability and effectiveness.
Minister of Finance, Winston Jordan, has said that the revision of the public procurement legal framework was completed, recently. The next step is to undertake the legal drafting.
He said that while this is being awaited, amendments to the existing law and regulations will be pursued, in 2019, to give recognition to the Government’s intention to provide 20 percent of procurement going to small businesses.
Jordan noted that debarment procedures for contractors who do shoddy work will also be pursued along with mandatory procurement plans, clarifying bidders’ registration data and amending thresholds for restrictive tendering and the quotation method.
He explained that Guyana is expected to commence utilising the CARICOM Public Procurement Notice Board for all public procurement.
“This will allow entities to advertise on a regional site while registered local bidders will have free access to the advertisements,” Jordan stated.
He noted that in keeping with the technological advancements in procurement, the strategy for the long-awaited e-procurement will be completed in 2019, with implementation envisaged to commence in 2020.
The Public Procurement Commission (PPC) has launched consultations to familiarise public authorities on proposed regulations which would make it easier to debar contractors who do substandard work.
There is already Draft Debarment and Suspension Regulations. The Public Procurement Act, makes references in the Procurement Act to the suspension and debarment of errant contractors, but the required regulations for the debarment process were not included.
Guyana’s procurement entities are responsible for the management of over $110B.
Last year’s Auditor General’s report said that a consultancy firm was hired to draft regulations under the Procurement Act, outlining the procedures to be followed by the Public Procurement Commission or NPTAB, in adjudicating debarment proceedings.
The firm examined and made recommendations on revisions to the regulations, with a view to increasing government’s threshold limits, in light of current prices and the fact that the last increase in limits was in November 2004.
The National Procurement and Tender Administration Board provided a copy of the draft Debarment and Suspension Regulations to the commission for its review. Once the process of consultations is completed, the draft document will be presented in the National Assembly.

Similar Articles

The Glenn Lall Show | December, 2nd, 2024

Follow on Tik Tok @Glennlall

THE BLUNT OF THE DAY

Sports

The wait is over, all roads lead to KMTC for their Grand Boxing Day Horse race meet

The wait is over, all roads lead to KMTC for their Grand Boxing Day...

Dec 25, 2024

Over 70 entries in as $7M in prizes at stake  By Samuel Whyte Kaieteur Sports- The time has come and the wait is over and its gallop time as the biggest event for the year-end season is set for the...
Read More
Xhiya Hercules – flipping the script towards Gymnastics history for Guyana

Xhiya Hercules – flipping the script towards...

Dec 25, 2024

Road Warriors, Bent Street, Team Cruel & Gold Is Money into quarter-finals

Road Warriors, Bent Street, Team Cruel &...

Dec 25, 2024

Deol maiden hundred outshines Matthews’ as India take series

Deol maiden hundred outshines Matthews’ as...

Dec 25, 2024

Moraikobai village two days football competition and fun day set for Old and New Year’s Day

Moraikobai village two days football competition...

Dec 25, 2024

BCB thanks cricket fraternity for strong support in 2024

BCB thanks cricket fraternity for strong support...

Dec 25, 2024

Features/Columnists

Publisher’s Note

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]

Weekend Cartoon

Bridge Watch

Demerara Harbour Bridge

> Berbice Bridge […]