Grading Of Government Supplies in View
Monday, November 17, 2008
This PPADB initiative should influence the procurement systems in the country and provide a viable platform for economic empowerment of local entrepreneurs.
PPADB has already consulted the business community, procuring entities as well as some BOCCIM representatives before it makes recommendations.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...