{"id":7267,"date":"2019-01-03T15:15:16","date_gmt":"2019-01-03T20:15:16","guid":{"rendered":"https:\/\/projectcalls.com\/dev?p=7267"},"modified":"2019-01-03T17:47:18","modified_gmt":"2019-01-03T22:47:18","slug":"govts-procurement-overhaul-presses-on","status":"publish","type":"post","link":"https:\/\/projectcalls.com\/dev\/govts-procurement-overhaul-presses-on\/","title":{"rendered":"Govts Procurement Overhaul Presses On"},"content":{"rendered":"

The Government\u2019s planned electronic procurement and supplier registry will create \u201cfairness, equity and equal access\u201d in bidding on public contracts, the deputy prime minister said yesterday.<\/p>\n

KP Turnquest, pictured, addressing a seminar on the e-procurement and supplier registry, said it will help to level the playing field between small, medium and large businesses and ensure a minimum 20 percent of all government contracts go the former category.<\/p>\n

\u201cI know that for most businesses in The Bahamas that I have come across, one of the things that they have been concerned about is fairness and access,\u201d said Mr Turnquest.<\/p>\n

\u201cWe know how it worked in the past, where if your party is in power you get the contracts, and when your party is not in power you\u2019re out of luck. This system seeks to try to create some balance, some equity and fairness across the system, so that we can take out these kinds of bias.<\/p>\n

\u201cIf we allow the system to work the way it has been designed to work, it is going to create equity and it will result in savings and GDP business growth for all Bahamians.\u201d<\/p>\n

Mr Turnquest said the recently-launched Small Business Development Centre will aid the Government\u2019s goal of ensuring public sector contracts are more widely spread among the business community.<\/p>\n

\u201cI think we all know that there are those entities who, because of their resources, have been able to corner the market on procurement and economic activities in this country,\u201d Mr Turnquest said.<\/p>\n

\u201cThrough the efforts of the Small Business Development Centre, we are hoping to empower the ordinary Bahamian who doesn\u2019t have a rich parent or some connected source [so] that they will be able to obtain the kind of support and resources that will allow them to enter the mainstream and compete with the \u2018big boys\u2019 and the legacy institutions.<\/p>\n

\u201cThat is very important. Because as we move into a more modern society, and as we have more and more of our young people coming into the sector with very high expectations, it is important that they have an opportunity to compete and fulfill their visions without unfair bias. So, we are extremely happy with what the Small Business Development Centre is doing, particularly in Grand Bahama.\u201d<\/p>\n

Mr Turnquest said the Ministry of Finance has spent months engaged in a reform effort to transform the entire system of government procurement. This, he added, involves legislative reform and the establishment of the online e-procurement and supplier registry system (E-PSR).<\/p>\n

\u201cWhen we speak of government procurement, we are literally referring to goods and services which central government or state-owned enterprises purchase,\u201d said Mr Turnquest.<\/p>\n

\u201cGovernment procurement accounts for a substantial portion of the Bahamian economy. Naturally, that means that it also accounts for a substantial portion of taxpayer\u2019s money. Rightfully so, taxpayers expect us to carry out public procurement fairly, transparently, efficiently and with high standards of conduct.<\/p>\n

\u201cRecognising the weaknesses in our current system that expose the Government to waste and corruption, the public procurement reform that is currently underway is aimed at modernising the public procurement process by developing a strong and unified legal framework.<\/p>\n

\u2026 more<\/a><\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n

Image:\u00a0\u00a0Michael Havens<\/a>\u00a0(flickr)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The Government\u2019s planned electronic procurement and supplier registry will create \u201cfairness, equity and equal access\u201d in bidding on public contracts, the deputy prime minister said yesterday. KP Turnquest, pictured, addressing…<\/p>\n","protected":false},"author":584,"featured_media":7773,"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":[112],"tags":[166,146,71,125],"class_list":["post-7267","post","type-post","status-publish","format-standard","has-post-thumbnail","category-newsdevelopments","tag-bahamas","tag-procedures","tag-procurement","tag-public-procurement"],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/12\/Standard-Operating-Procedure-Scrabble-Tiles-Michael-Havens-flickr.jpg?fit=1024%2C683&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p6u9Qa-1Td","jetpack_likes_enabled":true,"jetpack-related-posts":[{"id":4039,"url":"https:\/\/projectcalls.com\/dev\/private-sector-hails-govt-tender-reforms\/","url_meta":{"origin":7267,"position":0},"title":"Private Sector Hails Gov’t Tender Reforms","author":"Michele Marius","date":"January 11, 2018","format":false,"excerpt":"THE absence of a transparent public procurement system has increased the Bahamas\u2019 cost of doing business, the Chamber of Commerce\u2019s chairman said yesterday, at the launch of the Government\u2019s e-tendering system. The system, which will also feature a supplier registry, is targeted to come online in February 2018 in a\u2026","rel":"","context":"In "News\/Developments"","block_context":{"text":"News\/Developments","link":"https:\/\/projectcalls.com\/dev\/category\/newsdevelopments\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2017\/08\/Shelf-of-Legal-Books-freestocks.org-Pexels.jpeg?fit=1024%2C683&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2017\/08\/Shelf-of-Legal-Books-freestocks.org-Pexels.jpeg?fit=1024%2C683&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2017\/08\/Shelf-of-Legal-Books-freestocks.org-Pexels.jpeg?fit=1024%2C683&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2017\/08\/Shelf-of-Legal-Books-freestocks.org-Pexels.jpeg?fit=1024%2C683&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":18103,"url":"https:\/\/projectcalls.com\/dev\/daniel-ferguson-procurement-e-portal-not-being-maximised\/","url_meta":{"origin":7267,"position":1},"title":"Procurement E-Portal Not Being Maximised","author":"Mayra Bonilla Lopez","date":"August 26, 2021","format":false,"excerpt":"Bahamas\u00a0 I wish to now elaborate more on the electronic portal that is the Bahamian government\u2019s e-procurement supplier registry. This was launched by the Ministry of Finance on December 19, 2017, with the then-deputy prime minister and minister of finance, K Peter Turnquest, saying: \u201cThis government administration is keeping its\u2026","rel":"","context":"In "News\/Developments"","block_context":{"text":"News\/Developments","link":"https:\/\/projectcalls.com\/dev\/category\/newsdevelopments\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2021\/08\/pexels-soumil-kumar-735911-2-scaled.jpg?fit=1200%2C801&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2021\/08\/pexels-soumil-kumar-735911-2-scaled.jpg?fit=1200%2C801&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2021\/08\/pexels-soumil-kumar-735911-2-scaled.jpg?fit=1200%2C801&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2021\/08\/pexels-soumil-kumar-735911-2-scaled.jpg?fit=1200%2C801&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2021\/08\/pexels-soumil-kumar-735911-2-scaled.jpg?fit=1200%2C801&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":31525,"url":"https:\/\/projectcalls.com\/dev\/public-procurement-in-the-bahamas-the-e-procurement-supplier-registry\/","url_meta":{"origin":7267,"position":2},"title":"Public procurement in The Bahamas: the e-Procurement Supplier Registry","author":"Mayra Bonilla Lopez","date":"December 7, 2023","format":false,"excerpt":"Bahamas One must talk less about transparency but rather strive to be transparent.\u201d In part two of my article\u2019s series, I spoke briefly about the Bahamas government\u2019s e-Procurement Supplier Registry and today I wish to elaborate more on the electronic portal. The eProcurement Supplier Registry was launched by the Ministry\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\/2023\/12\/pexels-peter-olexa-4012966-scaled-e1701993237235.jpg?fit=1024%2C683&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2023\/12\/pexels-peter-olexa-4012966-scaled-e1701993237235.jpg?fit=1024%2C683&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2023\/12\/pexels-peter-olexa-4012966-scaled-e1701993237235.jpg?fit=1024%2C683&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2023\/12\/pexels-peter-olexa-4012966-scaled-e1701993237235.jpg?fit=1024%2C683&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":4954,"url":"https:\/\/projectcalls.com\/dev\/govt-to-reserve-public-tenders-for-small-businesses\/","url_meta":{"origin":7267,"position":3},"title":"Gov’t To Reserve Public Tenders For Small Businesses","author":"Michele Marius","date":"March 22, 2018","format":false,"excerpt":"THE Minnis administration's public procurement reforms will \"set aside\" specific contracts for only small Bahamian businesses to bid on, the Deputy Prime Minister said yesterday. Opening debate on the 2017-2018 mid-year Budget statement, K P Turnquest said the Government intends to introduce new legislation in the area of procurement and\u2026","rel":"","context":"In "News\/Developments"","block_context":{"text":"News\/Developments","link":"https:\/\/projectcalls.com\/dev\/category\/newsdevelopments\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2017\/08\/Small-business-Kaique-Rocha-pexels.jpeg?fit=640%2C426&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2017\/08\/Small-business-Kaique-Rocha-pexels.jpeg?fit=640%2C426&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2017\/08\/Small-business-Kaique-Rocha-pexels.jpeg?fit=640%2C426&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":4606,"url":"https:\/\/projectcalls.com\/dev\/governments-e-tendering-program-for-government-contracts-and-services\/","url_meta":{"origin":7267,"position":4},"title":"Government\u2019s \u201cE-tendering\u201d Program for Government contracts and services","author":"Michele Marius","date":"February 23, 2018","format":false,"excerpt":"During his keynote address at the Grand Bahama 20th Annual Business Outlook at Grand Lucayan resort on Thursday, Deputy Prime Minister and Minister of Finance, the Hon. Peter Turnquest outlined some of the programs and initiatives the government is taking in order to remain transparent in its fiscal policies. One\u2026","rel":"","context":"In "News\/Developments"","block_context":{"text":"News\/Developments","link":"https:\/\/projectcalls.com\/dev\/category\/newsdevelopments\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/02\/Siign-up-Pixabay-Pexels.jpeg?fit=1024%2C474&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/02\/Siign-up-Pixabay-Pexels.jpeg?fit=1024%2C474&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/02\/Siign-up-Pixabay-Pexels.jpeg?fit=1024%2C474&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/02\/Siign-up-Pixabay-Pexels.jpeg?fit=1024%2C474&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":13205,"url":"https:\/\/projectcalls.com\/dev\/landmark-public-procurement-bill-soon-up-for-debate\/","url_meta":{"origin":7267,"position":5},"title":"Landmark Public Procurement Bill soon up for debate","author":"Michele Marius","date":"July 2, 2020","format":false,"excerpt":"NASSAU, BAHAMAS \u2014 The Government tabled landmark legislation last week that will substantially change how contracts are awarded throughout the entire public service. The Public Procurement Bill, 2020, will be debated in the House of Assembly following the adoption of the FY2020\/21 Annual Budget. 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