Latest update January 11th, 2025 4:10 AM
Latest News
- Govt, US-Exim Bank sign US$527 million for GTE project
- Rystad Energy issues misleading analysis on Guyana’s share from ExxonMobil contract
- Deaths from Israeli attacks in Gaza undercounted by 41 percent, study finds
- PNC calls for doubling of minimum wage, tax free threshold to be increased to $400,000 monthly
- Pensioner dies at CJIA while waiting to board flight to New York
Procurement Commission has software to monitor spending at ministries, agencies
The Public Procurement Commission (PPC) which regulates the awards of state contracts, says it is now better prepared to track spending by the various ministries, state agencies and other related entities.
Mrs. Carol Corbin, Chairperson, along with other senior staff of the PPC, meeting with representatives of Procuring Entities
According to the Commission, it recently collaborated with the National Data Management Authority (NDMA) to develop and implement a Procurement Monitoring Software
to enable the commission to effectively monitor the public procurement system and the
implementation of procurement activities by procuring entities.
“The specific goal of the system is to allow procuring entities to submit their annual procurement plans to the Commission in compliance with the requirement stipulated in the Procurement
Amendment Act No. 14 of 2019,” the commission explained yesterday.
The software will allow procuring entities to electronically upload their annual procurement
plans and quarterly procurement expenditure data to enable monitoring and analysis by the
Commission in keeping with its functions listed in Article 212 AA.(1)(a) to (m) of the Constitution.
Prior to the implementation of the software, the PPC said it also successfully facilitated six training workshops with staff of procuring entities over the period December 2019 to February 2020 to present the features and functionality of the Procurement Monitoring Software and allow for their feedback.
The PPC says it has a software now that will allow to better monitor procuring entities.
Over 60 persons drawn from 28 procuring entities were trained to upload the required data, navigate the system’s interface and generate reports.
“Significant and useful feedback was received from the participants, which enabled the software
developers at NDMA to make enhancements and improvements to the overall performance of
the software. The Procurement Monitoring Software is expected to be in operation across all procuring entities by the end of May 2020, following which a second round of training would be conducted online in time for its use after the 2020 National Budget is approved,” the PPC said.
The commission also noted that it remains confident that the implementation of the Procurement Monitoring Software will bring significant benefits to the public procurement system in terms of modernization and efficiency in the execution of procurement activities across all procuring entities.
“The Procurement Monitoring Software supports Government’s plan for the implementation of
E-Government in Guyana.”
Similar Articles
THE BLUNT OF THE DAY
Sports
Features/Columnists
Dem signs need calibrating
Dem Boys Seh… Kaieteur News- Dem boys bin pass one of dem fancy speed meter signs wah de guvament put up fuh tell drivers... more
Forget Begging Rich Nations: Caribbean Countries Should Act to Save Themselves
By Sir Ronald Sanders Kaieteur News- It has long been evident that the world’s richest nations, especially those responsible... more
Weekend Cartoon
