Latest update March 12th, 2026 2:47 PM
Latest News
- Venezuela rejects Guyana’s offshore seismic exploration plans
- $100k cash grant distribution to begin next week
- Miner beaten to death, two injured at Siparuni River camp
- Probe launched after claims water dumped at Haags Bosch landfill removed for consumption
- Iran tells world to get ready for oil at US$200 a barrel
Govt. seeks consultant for Guyana’s eighth and ninth EITI reports
(Kaieteur News) – The Ministry of Natural Resources (MNR) has invited proposals from qualified firms to serve as Independent Administrator (IA) for the preparation of Guyana’s eighth and ninth Extractive Industries Transparency Initiative (EITI) reports, covering fiscal years 2024 and 2025.
In an invitation published on Thursday, MNR, on behalf of the Guyana Extractive Industries Transparency Initiative (GYEITI), said it is seeking a “competent, reputable, conflict free and independent firm” to execute the assignment in accordance with the 2023 EITI standard.
The consultancy will require the selected firm to support the GYEITI Multi-Stakeholder Group (MSG) in producing timely, comprehensive and reliable reports for the two fiscal years. Both reports must be completed and ready for publication on or before October 30, 2026.
Among the key responsibilities outlined are the preparation of a scoping study and gap analysis to guide decisions on the scope of the reports, including a comprehensive assessment of the fisheries sector.
The IA will also be required to make an evidence-based recommendation to the MSG on whether fisheries should be incorporated into the reporting framework for the fiscal years.
The task is to also consolidate reports organised by sector, with dedicated sections for oil, gas, mining and forestry, and fisheries should it be included. Additional deliverables include open data files, standardised summary data templates for submission to the EITI international secretariat, a summary of the reconciliation report, and an assessment of the comprehensiveness and reliability of disclosures. Technical and analytical support to the MSG in developing recommendations to strengthen natural resource governance is also required.
Interested applicants must submit proposals to the National Procurement and Tender Administration Board (NPTAB) by Tuesday, March 17, 2026.
EITI is a global standard for improving transparency and accountability in the oil, gas, and mining sectors. EITI implementation rests on two core pillars, transparency through disclosure and reconciliation of company payments and government revenues, and accountability through oversight by a MSG comprising representatives of government, industry, and civil society.
GYEITI recently released it’s the 2023 report on transparency in Guyana’s extractive industries. Guyana joined the EITI in 2017 to advance and promote transparency and accountability in managing oil, gas, mineral, and other natural resources. GYEITI has published several reports since 2017.
Discover more from Kaieteur News
Subscribe to get the latest posts sent to your email.
Similar Articles
THE BLUNT OF THE DAY
Sports
Features/Columnists
Sir. Ronald Sanders
The GHK Lall Column
Weekend Cartoon
