120 firms, companies blacklisted since formation of new govt
Summary
The Public Procurement Monitoring Office has blacklisted 120 firms and companies since March 27 for failing to comply with public procurement laws and contractual obligations. The government says it has also introduced legal and procedural reforms to make procurement more transparent and accountable.
Key Points
- The Public Procurement Monitoring Office has blacklisted 120 firms and companies since March 27.
- The office operates under the Office of the Prime Minister and Council of Ministers at Singha Durbar.
- The government has implemented amendments to the Public Procurement Act and Regulations to improve transparency and competition.
- It has also revised standard bidding documents and trained 712 personnel involved in procurement.
