{"id":34784,"date":"2024-06-20T23:47:38","date_gmt":"2024-06-21T04:47:38","guid":{"rendered":"https:\/\/projectcalls.com\/dev?p=34784"},"modified":"2024-06-20T20:50:48","modified_gmt":"2024-06-21T01:50:48","slug":"joint-consultative-council-where-is-procurement-regulators-annual-report","status":"publish","type":"post","link":"https:\/\/projectcalls.com\/dev\/joint-consultative-council-where-is-procurement-regulators-annual-report\/","title":{"rendered":"Joint Consultative Council: Where is Procurement Regulator\u2019s annual report?"},"content":{"rendered":"

Trinidad and Tobago<\/p>\n

The Joint Consultative Council (JCC) is concerned about Procurement Regulator Beverly Khan\u2019s 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.<\/p>\n

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\u2019s projected $9 billion deficit.<\/p>\n

In a June 4 press release, the International Monetary Fund (IMF) \u2013 which welcomed Trinidad and Tobago\u2019s sustained economic recovery \u2013 commended the proclaimed Procurement Act, which it said \u201cshould help improve the efficiency of public spending.\u201d<\/p>\n

The council\u2019s release said the independent report should have been submitted to Speaker\u00a0 Bridgid Annisette-George, Senate president Nigel de Freitas and Imbert in December 2023.<\/p>\n

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.<\/p>\n

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.<\/p>\n

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.<\/p>\n

The release said that report would have supplied critical data and information to Parliament and the public.<\/p>\n

\u201cOnly then can any assessment of the efficacy of the new legislation be determined and adjustments can be made.<\/p>\n

\u201cThis 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.\u201d<\/p>\n

more\u00a0<\/a><\/p>\n

\u00a0<\/p>\n

Image:\u00a0 HonestReporting (flickr)<\/em><\/p>\n

\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

Trinidad and Tobago The Joint Consultative Council (JCC) is concerned about Procurement Regulator Beverly Khan\u2019s failure to issue an annual report as required by section 24 of the Public Procurement…<\/p>\n","protected":false},"author":19,"featured_media":10099,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[250],"tags":[157,125,134,137],"class_list":["post-34784","post","type-post","status-publish","format-standard","has-post-thumbnail","category-articles","tag-anti-corruption","tag-public-procurement","tag-rule","tag-trinidad-and-tobago"],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2019\/08\/Transparency-magnifying-glass-files-HonestReporting-flickr-e1565992586412.jpg?fit=620%2C348&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p6u9Qa-932","jetpack_likes_enabled":true,"jetpack-related-posts":[{"id":35570,"url":"https:\/\/projectcalls.com\/dev\/joint-consultative-council-where-is-procurement-regulators-annual-report-3\/","url_meta":{"origin":34784,"position":0},"title":"Joint Consultative Council: Where is Procurement Regulator\u2019s annual report?","author":"Mayra Bonilla Lopez","date":"August 1, 2024","format":false,"excerpt":"Trinidad and Tobago The Joint Consultative Council (JCC) is concerned about Procurement Regulator Beverly Khan\u2019s 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. 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In a press release on Monday, the\u2026","rel":"","context":"In "Articles"","block_context":{"text":"Articles","link":"https:\/\/projectcalls.com\/dev\/category\/articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2024\/07\/pexels-goumbik-590041.jpg?fit=1024%2C678&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2024\/07\/pexels-goumbik-590041.jpg?fit=1024%2C678&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2024\/07\/pexels-goumbik-590041.jpg?fit=1024%2C678&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2024\/07\/pexels-goumbik-590041.jpg?fit=1024%2C678&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":23849,"url":"https:\/\/projectcalls.com\/dev\/jcc-slams-ag-on-procurement-legislation\/","url_meta":{"origin":34784,"position":2},"title":"JCC slams AG on procurement legislation","author":"Mayra Bonilla Lopez","date":"September 1, 2022","format":false,"excerpt":"Trinidad and Tobago \u00a0 The Joint Consultative Council (JCC) for the construction industry is accusing the Attorney General of creating a ruse to delay the procurement legislation. In a press release on Tuesday, the JCC said it was \u201csounding the alarm\u201d that statements made by AG Reginald Armour about depending\u2026","rel":"","context":"In "Articles"","block_context":{"text":"Articles","link":"https:\/\/projectcalls.com\/dev\/category\/articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/lady-justice-Jessica45-Pixabay.jpg?fit=1024%2C767&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/lady-justice-Jessica45-Pixabay.jpg?fit=1024%2C767&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/lady-justice-Jessica45-Pixabay.jpg?fit=1024%2C767&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/lady-justice-Jessica45-Pixabay.jpg?fit=1024%2C767&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":37413,"url":"https:\/\/projectcalls.com\/dev\/raymond-urges-charges-for-procurement-breaches\/","url_meta":{"origin":34784,"position":3},"title":"Raymond urges charges for Procurement breaches","author":"Mayra Bonilla Lopez","date":"November 28, 2024","format":false,"excerpt":"Trinidad and Tobago PUBLIC bodies that have breached the laws in the Procurement Act should be charged, past president of the Joint Consultative Council for the Construction Industry (JCC) Afra Raymond has said. Raymond made the comment on Monday while speaking at part two of the Caribbean Corporate Governance Institute\u2026","rel":"","context":"In "Articles"","block_context":{"text":"Articles","link":"https:\/\/projectcalls.com\/dev\/category\/articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2024\/08\/pexels-pixabay-60504-scaled-e1722562889288.jpg?fit=1024%2C683&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2024\/08\/pexels-pixabay-60504-scaled-e1722562889288.jpg?fit=1024%2C683&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2024\/08\/pexels-pixabay-60504-scaled-e1722562889288.jpg?fit=1024%2C683&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2024\/08\/pexels-pixabay-60504-scaled-e1722562889288.jpg?fit=1024%2C683&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":23838,"url":"https:\/\/projectcalls.com\/dev\/procurement-boss-admits-hurdles-in-way-of-new-legislation\/","url_meta":{"origin":34784,"position":4},"title":"Procurement boss admits hurdles in way of new legislation","author":"Mayra Bonilla Lopez","date":"September 1, 2022","format":false,"excerpt":"Trinidad and Tobago \u00a0 Chester Sambrano Procurement Regulation chairman Moonilal Lalchan says despite the readiness of his office for the full proclamation and implementation of the Parliament\u2013approved procurement legislation, there remain some hurdles to cross. 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