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National

Procurement Act under review

Barely two years after the passage of the Public Procurement Act, there are already moves to amend it. The Public Procurement Board said it had identified institutional and organizational defects that impeded the effective implementation of the Act. One of the areas under consideration was the review of what the board said were cumbersome processes established by the Act for procurement within the public sector. The Chief Executive Officer of the Public Procurement Board, Mr. Agyenim Boateng Agyei said the board was also seeking a review of the administrative structures of the various Ministries, Departments and Agencies. He said for institutional bottlenecks the law had to be reformed because it hampered effective implementation. “In the light of all these observations the board has come out with a review. One, of the composition; certain institutions did not have the head of that institution as the head of that entity which we thought was out of place. “The other area has to do with the threshold itself. Thresholds were fixed but within a certain limit. The entity Tender Committee is expected to go up the structure to obtain a concurrent approval from the Tender Review Board and this is creating operational bottlenecks. So what the board is coming out with is to increase these thresholds so that will be a wider scope of operation for these entities.” He said the Minister of Finance, being the sector minister for the procurement board is to submit a memorandum to Cabinet for approval and hopefully by March, it should go before Parliament and then by the beginning of the second quarter, the amendments and reviews should be in place.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.