Procurement Regulation

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Procurement Regulation

IN EXERCISE of the powers conferred by Article 15 (1) of the Public Procurement, Concessions and Disposal Act the Minister responsible for matters relating to Finance makes the following Regulations:

Regulations 1 – Citation and Commencement (Article 1 of the Act)
These Regulations may be cited as the Public Procurement, Concessions and Disposal Regulations and shall come into operation on February 25, 2020.

Regulations 2 – Object and purpose of these regulations (Article 2 and Article 54 (2) of the Act) These Regulations operationalize the Public Procurement, Concessions and Disposal Act. The purpose of these Regulations shall be to provide detailed rules and procedures to fulfill the objectives and carry out the provisions of the Act. Additionally, pursuant to Article 54 (2) of the Act, a Procuring Entity shall conduct procurement and disposal in accordance with the provisions of the Act and subject to such other conditions as may be laid down in the regulations and administrative instructions issued by the Minister. These Regulations set out such conditions and administrative instructions issued by the Minister as at Commencement.

Regulations 3 – Interpretation of terms (Article 3 of the Act) Words used in this Regulation shall have the meaning ascribed to them under Article 3 of the Act.

Procurement Regulation

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