20 Mayo 2019 08:11 AM
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In 2008, the Barbados Cabinet Committee on Governance considered the Paper Note (08) 404/MFEE (F) 41 and agreed that the Government of Barbados enter into an agreement with the Inter-American Development Bank to finance the Modernization of Barbados National Procurement System. The specific objective of the modernization effort is aimed at improving the effectiveness of public procurement, saving money through competitive prices and reducing process time, while ensuring the transparency and integrity of the system. The strategic areas of the programme are reflected in the following four components:

(i) strengthening the public procurement legal framework which will support the preparation of a public procurement policy, regulations, standard documentation and, eventually, new procurement legislation, based on lessons learned from the project's implementation;
(ii) improving procurement operations and marketplace, including the establishment of the Procurement Policy Unit, a normative, regulatory body, and institutional strengthening of key players in the public procurement arena especially the Central Purchasing Department, the Office of the Solicitor General, the Office of the Auditor General and the Tenders and Special Tenders Committees;
(iii) strengthening procurement institutional capacity by implementing a career stream in public procurement and establishing a training program for entities involved in public procurement; and
(iv) modernizing and updating procurement technological infrastructure, focusing on the establishment of an e-tendering system to disseminate procurement opportunities and the results of tenders and procurement processes.

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Organización de los Estados Americanos Banco Interamericano de Desarrollo International Development Research Centre
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