Jamaica News: Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says the new public procurement regime will come into force in the new financial year, which begins April 1.
Dr. Clarke, who was opening the 2019/20 Budget Debate in the House of Representatives on Wednesday (March 7), explained that new regime will enhance the potential for micro, small and medium-sized enterprises (MSMEs) to compete for larger shares of Government procurement contracts.
It will also allow for: ‘Set-Asides,’ which is reserving a portion of the annual procurement budget for MSMEs; and Domestic Margins of Preference, which is the preferential treatment of Jamaican suppliers in accessing Government procurement contracts in specific circumstances.
“I intend to table the Set-Aside and Domestic Margin of Preference Orders in this Honourable House in the first quarter of financial year 2019/20,” Dr. Clarke said.
He told the House that the revised public procurement procedures manual will be available by April.
He said that all 43 Standard Bidding Documents have been completed by the drafting consultant and the Technical Working Group will be finalising the revision exercise by April 1.
He informed that almost all entities are utilising the Electronic Procurement System, which aims to significantly improve efficiency and transparency in the acquisition of goods, services and works.
“The training and on-boarding of suppliers is an ongoing activity and many private sector industries have already been trained and are using the system,” he noted.
The Finance Minister reminded that the Public Procurement (Amendment) Act was passed in August 2018 and two sets of related regulations were passed.
Since then, Dr. Clarke has requested that the Public Procurement Commission and the Procurement Review Board be issued their instruments of appointment by the Governor-General, effective April 1, 2019.
“The final set of regulations, which addresses the registration and classification of suppliers, and which can only come into effect after the establishment of the Public Procurement Commission, will be tabled in the first quarter of the new financial year,” he said.
Source: JIS News