The purpose of the Public Procurement Act that was published in Gazette no 50967 is to regulate public procurement; to prescribe a framework within which preferential procurement must be implemented; and to provide for matters connected therewith.
Public Procurement Act, 2024 (Act No. 28 of 2024) aims to enhance transparency, fairness, competitiveness, and cost-effectiveness in public procurement. Here are some highlights:
- Scope: Applies to all public entities, covering procurement of goods, services, and works.
- Principles: Emphasizes transparency, fairness, competitiveness, and cost-effectiveness.
- Methods: Prefers open bidding, with specific conditions for other methods.
- Ethics: Sets ethical standards, prohibiting bribery and conflicts of interest.
- Transparency: Requires publication of procurement plans and contract awards.
- Dispute Resolution: Provides mechanisms for supplier complaints and independent review.
If any members wish to obtain a copy of the Public Procurement Act, they can contact Anna-Marth Ott at ceo@middelburgchamber.com.