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Procurement legislation gets ok

Cayman will soon see the introduction of rules and guidelines governing how procurement of goods and services in the Government services are done.
This as legislators gave approval today (Monday 17 October) to the Procurement Bill which will see the use of reverse auctions as a means to get the best value for money.
Independent MLAs Alva Suckoo and Winston Connolly commended government on the legislation, saying it was necessary to ensure fair play and reduce incidents of political influence in the process.
Mr Connolly, in his contribution, said he was particularly pleased with the provision which will give unsuccessful bidders feedback on why they were not selected, as well as, the use of reverse auctions.
“I think that will be a game changer, that it is going to reduce the risk of fraud and corruption,” Mr Connolly said.
Finance Minister Hon. Marco Archer, in opening the debate, said the legislation will limit political involvement in the procurement process, reduce risk of fraud and provide a frame-work for conducting procurement in the pubic service.
He said the ministry is aiming to have 180 persons trained by the end by the end of the year in procurement. Training for board members and staff will also have to be done, he added.

About the author

Reshma Ragoonath

Reshma Ragoonath

Reshma Ragoonath is a Trinidadian journalist with 16 years media experience with a strong background in print with her most recent stint at The Cayman Reporter. She has a BA in Mass Communications, as well as, an Associate degree in Journalism and Public Relations.

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