PUBLIC NOTICE : CALL FOR STAKEHOLDERS’ COMMENTS ON PROPOSED CHANGES IN TENDERING PROCESS OF BULK PROCUREMENT SYSTEM FOR THE IMPORTATION OF PETROLEUM PRODUCTS

The Authority has received concerns from stakeholders that there is low competition in tendering for the supply of petroleum products in the country due to high quantities that need to be supplied by one successful bidder. These tendered quantities are currently intended to meet a one-month petroleum products requirement in the country. Based on these concerns, the Authority is considering changing the quantities of products to be tendered in a single tender from total monthly requirements to quantities of one cargo or by discharge point. This change is expected to increase competition in the market and in turn result in better premiums for supplying petroleum products in the country. Please see the attachment for more details…

Attachment:Changes to BPS Tenders – Public Notice

_______________________________________________________

Hits: 378