Introduction
Public procurement is perhaps the single most important activity of the State, consuming the greatest portion of expenditure. As such, there must be strict and elaborate rules backed by related legislation to ensure competitiveness, transparency, proper accountability and good value for money.
This article is examines Guyana’s public procurement systems to assist the general public to have a better understanding of them. The requirements are to be found in Article 212W of the Constitution and the Procurement Act 2003.
Article 212 W – The Public Procurement Commission
In 2001, the Constitution was amended to provide for the establishment of a Public Procurement Commission. The main responsibility of the Commission is to monitor public procurement and the
