C3 Pure Fibre
Premier League
News

Procurement law gazetted

Cayman’s first public procurement specific law aimed at protecting the public purse from corruption takes effect.
The procurement law, assented to by the Governor last week, was gazetted Friday.
It outlines the process and procedures to ensure value for money is obtained from all goods and services procured by public entities.
The law removes the Central Tenders Committee and replaces it with a new entity called the Central Procurement Office. That entity will provide external oversight of awarding contracts.
It also introduces reverse electronic bidding and enshrines local contractors as part of the process while mandating public procurement training for personnel and reporting of contract awards.

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.

Clean Gas
Kirk Freeport1
Tanya’s Kitchen 300×250 – Side
Baptist Health International 300×250 – Side
Cleveland Clinic 2
Cleveland Clinic
Advertise With Us
Eclipze

Subscribe Today

Please fill out the information below to Subscribe to Hurleys Media LTD. This will allow you to post comments on articles, get notifications on upcoming events and MORE!
Email address
Favorite Radio Station(s)
Spam free & Secure :)
%d bloggers like this: