Tenders
About
Our Main Objectives.
The aim of the Procurement Oversight Unit is to ensure compliance to procedures and instructions are as laid out in the Public Procurement Act of 2008 and the Public Procurement Regulations of 2014 by the various stakeholders and promote the fundamental principles of:
- Transparency
- Competition
- Economy
- Efficiency
- Fairness and
- Accountability
Since
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KNOW THE OPERATING THRESHOLDS
Consultancy Services
Threshold | Approval Procedure | Procurement Method |
Less than SCR 150,000 | Approved by the Procurement Committee | Open bidding |
Above SCR 150,000 | Approved by the National Tender Board | Open bidding |
Goods and Services / Civil Works
Threshold | Approval Procedure | Procurement Method |
Less than SCR 150,000 | Approved by the Procuring entity | Must obtain at least 3 quotations |
Between SCR150,000 and SCR 750,000 | Approved by the Procurement Committee | Open bidding |
Above SCR 750,000 | Approved by the National Tender Board | Open bidding |