Government Accelerates Public Procurement Act Amendment Amid Calls for Comprehensive Review
Summary
The Nepalese government is advancing the amendment of the Public Procurement Act to modernize procurement processes and address construction sector challenges, despite expert concerns on the feasibility of a 30-day deadline.
Key Points
- The government aims to amend the Public Procurement Act within 30 days as part of its 100-day action plan.
- Experts warn that rushing amendments may omit key issues and that parliamentary approval is necessary.
- The amendment seeks to modernize procurement with concepts like e-GP Marketplace and performance-based contracting.
- Entrepreneurs demand subject-specific amendments to ease infrastructure development and improve coordination between related laws.