ECONOMYNEXT – Sri Lanka has issued mandatory guidelines for government procurement aimed at ensuring value for money that includes penalties for corrupt practices such as contractors being barred from future procurements.
The guidelines published by the National Procurement Commission are for procurement of goods, works, services and information systems and selection and employment of consultants by government institutions.
They aim to establish governing principles and procedures to ensure ‘Value for Money’ in an efficient, transparent and competitive procurement process by government institutions.
“These guidelines constitute the national policy and are mandatory and applicable to all procurements carried out by government institutions,” the commission said.
The guidelines include sanctions for involvement in fraud and corruption.
“Sanctions, including debarring from that procurement or eligibility for future procurements should be imposed on bidders, contractors and officials and should additionally be reported to the respective authorities for appropriate action,” the guidelines said.
The procurement process should ensure optimum use of budgetary resources, adherence to prescribed standards, rules and good governance, and transparency and accountability in public procurement, the commission said.
The new guidelines replace or supersede previous procurement guidelines.
But in the case of foreign funded projects, funding agency guidelines would usually prevail over the national guidelines.
(COLOMBO, 21 October 2019)