Tag Archives: Procurement Act

Capitol News – TV Video Reports – 15 July 2013

Capitol News – TV Video  Reports – 15 July 2013

  • 12 survive Matthew’s Ridge plane crash
  • Gov’t seeks opposition support to get legislations passed in support of Hydro-Electric project
  • DPP still to make a decision on trafficking in persons case
  • Gov’t tries to justify reasons for amending Procurement Act it voted on a decade ago
  • Timehri squatters will not move to make way for airport expansion unless they are compensated
  • Guyana Power and Light company tries to justify prolonged power outages
  • Pakistan thrash West Indies in first ODI
12 survive Matthew’s Ridge plane crashPosted: 15 Jul 2013 05:38 PM PDT – The injured were airlifted to the Ogle Airport and then transported to hospitals in the city. Some 12 persons were on board the Cessna Caravan at the time when the plane crashed while the pilot was preparing to land at Matthew’s Ridge airstrip in region one. There were no causalities. A source told this Newscast […]

Guyana: Auditor General criticises Tender Board

AG criticises Tender Board for $1.3 B allocation to New GPC

February 12, 2012 | By KNews |

…cites gross irregularities

Accusing fingers are being pointed to the National Procurement and Tender Administration Board for approving the payment of an exorbitant sum to the New Guyana Pharmaceutical Corporation Limited.
According to the 2010 Auditor General Report the astronomical sum of $1.252 billion was paid to the company on the basis of sole sourcing and not by competitive bidding as required under the Procurement Act (2003).
The transactions with the firm, the Report outlines, were for the procurement of drugs and medical supplies.

This practice was also extended to the Georgetown Public Hospital Corporation (GPHC). The public hospital, the Report stated, also procured drugs and medical supplies at a cost of $879.914M based on awards of contracts by the Tender Board without a system of competitive bidding as required under the said Procurement Act.  [Read more]

— Post #1106

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