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Jamaican Cabinet approves Public Sector Procurement Policy22 Nov 2010Source: Jamaica Information Service The Jamaican Cabinet has approved the Public Sector Procurement Policy, which will serve as the official policy for all public sector entities. Speaking on Wednesday November 17 post-Cabinet press briefing at Jamaica House, the Minister with responsibility for Information, Telecommunications and Special Projects, Hon. Daryl Vaz said the policy not only sets the framework for the development of the public sector procurement system, but underscores the principles that form the foundation upon which the system is established. "The policy is to guide public officers and other stakeholders and gives direction for the further development of the procurement system," he noted. The broad objectives of the policy are to, among other things: ensure that procurement is properly regulated through laws, rules and procedures to govern the various aspects of procurement operations; ensure that public procurement activities are conducted fairly, allowing for equal treatment of eligible contractors; ensure transparency in the procurement system; and facilitate environmentally responsible procurement practices. Cabinet also gave approval for the issuing of drafting instructions to the Chief Parliamentary Counsel for the development of new procurement legislation. Read more here |