The government has shifted all public procurement online in a bid to curb corruption and bring greater transparency to spending, ending the decades-old practice of submitting physical tenders.
The interim government aims to eliminate political influence and reduce corruption in public procurement through key reforms in the draft Public Procurement Rules (PPR) 2025, said SM Moinuddin Ahmed, chief executive officer of the Bangladesh Public Procurement Authority (BPPA), yesterday.
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The government is going to scrap the traditional tender floating system and introduce a full-fledged online tendering method for all public purchases from December, say planning ministry officials.
The cabinet yesterday approved in principle the Public Procurement (4th Amendment) Act-2016, incorporating a provision for bidders not to quote a price 10 percent lower or higher than the official estimated price of a public procurement tender.
The government is going to scrap the traditional tender floating system and introduce a full-fledged online tendering method for all public purchases from December, say planning ministry officials.
The cabinet yesterday approved in principle the Public Procurement (4th Amendment) Act-2016, incorporating a provision for bidders not to quote a price 10 percent lower or higher than the official estimated price of a public procurement tender.
