This Act, consisting of 66 articles, provides for: the maximisation of economy and efficiency in public procurement; the promotion of economic development through public procurement; fostering transparency in the public procurement process; promoting integrity and public confidence in the public procurement process; encouraging participation in public procurement; increasing competition among suppliers of goods, works and services; encouraging national growth by enabling the participation of small and medium sized enterprises in public procurement. The Act concerns: award of a procurement contract; bidding documents; framework agreement; goods, including: agricultural commodities, crops, raw materials, products and equipment; national development project; procurement contract; procuring entity; public funds; public-private partnership.
Matters covered by this Act include: establishment of the Office of public procurement Policy under the direction of the Financial Secretary; functions of the Office, including: development of standard forms of contracts and other documents for public procurement; establishment of the public procurement Commission and of sector committees; participation in public procurement; registration of suppliers; procuring entities and responsibility; methods of public procurement; phases of the procurement process; reconsideration, review and appeal of procuring entity’s decision; civili liability and offences; compensation order on conviction; corruption.