Page 10 - Q&A
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bid for a specific tender. Amongst other things the Minister must also include
measures for the advancement of small, medium and micro enterprises.
BEE The Bill proposes to establish a Public Procurement Regulator within the National
Treasury. The functions of this Public Procurement Regulator will include amongst
other things, to ensure that institutions comply with the act, revise and provide
guidance on the procurement system, and promote and ensure the integrity of
the public procurement system.
Although a great deal of water still needs to run into the sea before the draft Bill
is passed, it should be noted that Government is intent on changing the current
public procurement regime, and businesses reliant on government tender
work would be well advised to closely monitor developments in relation to the
draft Bill.
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