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Browsing: Institute of Economic Affairs
- Businesses in Kenya seeking government tenders will soon have to contend with new regulations.
- Among the proposed changes is the amending of the compulsory requirement that compels the government to award tenders to the lowest bidder.
- According to the Institute of Economic Affairs the compliance rate of public procurement regulations is low.
Kenya’s Procurement Regulator Strategic Plan for businesses that seek government tenders will soon have to contend with new regulations should the Public Procurement Regulatory Authority forge ahead with the proposed changes on the issuance of state tenders.
Among the proposed changes is the amending the compulsory requirement that compels the government to award tenders to the lowest bidder. PPRA argues out that this has compromised the quality of some of the projects undertaken under this model of procurement.
The Authority’s Director General Patrick Wanjuki, said that in the next three years, PPRA is looking to strengthen its capacity …
The annual value of this trade was reported in 2019 to be on average Ksh 18 billion (US$180 million) which is less than 1 per cent of the total country’s imports. The total imports of textiles in Kenya were valued at around Ksh 131 billion (US$1.3 billion) depicting that the second-hand clothes represented 12.5 per cent of the country’s total imports.…