Five international companies pre-qualified for SPARK programme
Jamaica
Jamaica
Trinidad and Tobago
The Joint Consultative Council (JCC) is concerned about Procurement Regulator Beverly Khan’s failure to issue an annual report as required by section 24 of the Public Procurement and Disposal of Public Property Act, which was operationalised in April last year.
In a press release on Monday, the council, through its president Fazir Khan, shared its concern, while also saying this was important given Finance Minister Colm Imbert’s projected $9 billion deficit.
In a June 4 press release, the International Monetary Fund (IMF) – which welcomed Trinidad and Tobago’s sustained economic recovery – commended the proclaimed Procurement Act, which it said “should help improve the efficiency of public spending.”
The council’s release said the independent report should have been submitted to Speaker Bridgid Annisette-George, Senate president Nigel de Freitas and Imbert in December 2023.
It added that eight items were to be included in that report, including a figure representing the total value of contracts awarded by public bodies, another representing the cost of the total value of procurement-contract variances for 2023 and the number of unfulfilled contracts awarded by public bodies in respect of procurement.
Other items to be included were a summary of public procurement transactions for each public body, including subsections with the number of procurement contracts awarded; the number of procurement contracts varied; the quantum of those variances; number of unfulfilled procurement contracts and cost incurred; a brief description of the projects for procurement, the awardees, the value, scope of works and the expected deliverables of projects,as well as the lessons learnt from the management of procurement contracts.
The report also should have included the names of public bodies failing to comply with the act, an assessment of the overall performance of the procurement system and a summary of unresolved issues to be addressed as well as recommendations needing action on the part of the procuring entity.
The release said that report would have supplied critical data and information to Parliament and the public.
“Only then can any assessment of the efficacy of the new legislation be determined and adjustments can be made.
“This is even more dire at this time, when the 2024 mid-year budget review presented by the Finance Minister now projects a $9 billion deficit. Procurement reform is supposed to eventually realise savings in the vicinity of $4 billion-$5 billion annually.”
The council said it indicated to Khan that about 80 per cent of expenditure in public procurement was spent by only ten per cent of the approximately 400 public entities.
So, it said, “The Office of the Procurement Regulation, OPR) can concentrate their resources on the fewer large spenders in order to have the largest positive impact soonest.”
The release said a dangerous precedent was being set by the OPR in not issuing the report, which did not instil confidence in the public. It added that it sent a bad message to procuring entities that it was “business as usual.”
“We therefore urge the OPR to issue the annual report in compliance with section 24 of the Procurement Act, immediately,” it said.
Checks to the OPR’s website showed a 2023-2025 strategic plan with former regulator Moonilal Lalchan listed as its chairman among more recent reports. There are seven reports on the OPR’s website.
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Britsih Virgin Islands
As the BVI continues to deal with another round of battering on roadways across the territory, former Speaker of the House of Assembly Julian Willock has called for the government to improve the Procurement Act so roadways can be fixed in a timely manner.
Within the last 48 hours, the territory experienced more than four inches of rain that has further gutted roads and damaged utility infrastructure in several communities.
Willock, who has been speaking on issues affecting the Third District, made a Facebook post which said the district has been hit hard with heavy flooding at Pockwood Pond, blockage of the Ghut in Nibbs Estate, and heavy debris on the roadways in many areas throughout the community.
Willock also used the opportunity to call for improvements in the Procurement Act, which dictates how the government hires contractors for projects, including emergency road repairs needed after heavy rains.
“I know both our District Representative, Honourable [Julian] Fraser, and the entire government is aware that another look needs to be taken at the Procurement Act to bring much more flexibility to works before, during and after these kinds of disasters,” Willock said. “It’s not possible/practical in most instances to get three estimates when homes, businesses, roads and lives are at risk and have to remain so while the wheels of government turn slowly.”
The 2021 Commission of Inquiry (COI) report found that there was no public tendering in roughly two-thirds of government contracts issued between January 2019 and April 2021.
The law has since been changed to make procurement more transparent, but legislators have been complaining about it since then, saying the new law makes it harder to get vital projects completed, further adding to the frustrations of the general public.
Recently, D8 Representative Marlon Penn has bemoaned the cumbersome procurement process used by the government, stating that there is a growing number of businesses that are choosing to not work with the government.
Jamaica
Caribbean
The Inter-American Development Bank Group (IDB Group) and the International Fund for Agricultural Development (IFAD) receny signed a memorandum of understanding to better support rural and indigenous people in Latin America and the Caribbean, especially in the Amazon region, by working together to implement joint initiatives that aim to reduce poverty, improve food and nutrition security, and adaptation to climate change.
The planned activities include technical assistance, project development and financing, better procurement and financial management, the use of innovative technologies, private sector engagement in smallholder agriculture, staff exchanges, shared technical expertise, joint research, and knowledge generation.
The memorandum of understanding between the two institutions was signed by IDB President Ilan Goldfajn and IFAD President, Alvaro Lario.
The IDB Group and IFAD will explore future collaboration opportunities in several areas, including water management, physical and digital connectivity, empowering smallholder farmers through initiatives spanning insurance, social protection, nutrition, and health, fostering agricultural adaptation in the Andean region, and advancing conservation efforts in the Amazon region.
The ongoing partnership between the IDB Group and IFAD has led to several initiatives. Since 2018, the two institutions worked on joint projects in Brazil, Ecuador, and Haiti, on topics that range from fostering innovation to reducing rural poverty.
Most recently, AgroWeb3 was launched in 2023 making blockchain technologies accessible to smallholder farmers, protecting their information and data as well as ensuring financial and social inclusion. It uses technology developed by the LACChain global network led by IDB Lab.
“We expect to scale this initiative around the world to bring the advantages of the technological revolution to remote communities and vulnerable groups.”
“This cooperation between the IDB Group and IFAD will help bring some of the latest advancements and expertise in agriculture to the rural and indigenous communities specially in the Amazon – that need it most, and is part of our efforts to combat poverty and inequality, and promote more sustainable, climate-friendly development,” said IDB President Goldfajn.
(SOURCE: Inter-American Devolpment Bank- IDB)