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Gov’t will introduce amendment to procurement act to limit sole sourcing – Mahama

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President John Mahama has announced that his government will introduce amendments to the Public Procurement Act to limit single sourcing.

This forms part of a move aimed at promoting greater transparency and ensuring proper value for money on state projects.

Speaking at a dialogue with Civil Society Organisations at the Jubilee House, the President declared that single sourcing must be used “as sparingly as possible” and that he would consult with civil society on the new legislation proposed to restrict it as a method of procurement.

“It is precisely for such situations that I announce that government will introduce amendments to the Public Procurement Act to limit single sourcing in order to promote greater transparency and ensure proper value for money for the money we spend on projects,” President Mahama stated.

To complement the amendment, the President has requested the Ministry of Finance to fast-track the setup of the Independent Value for Money Office. Once the procurement legislation is amended, all single source procurements will be subject to rigorous value for money review.

“I remain of the conviction that single sourcing must be used as sparingly as possible,” Mahama reiterated, signalling a clear policy shift away from reliance on non-competitive procurement methods.

The announcement has been hailed by civil society groups as a significant step toward curbing corruption and enhancing fiscal discipline.

If passed by Parliament, the amendment would mark one of the most substantive procurement reforms in recent years, potentially reshaping how public contracts are awarded across all sectors of government.

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Source: www.myjoyonline.com
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