header banner
POLITICS

Purchase readiness of public bodies to be measured

Kathmandu, Oct 16: The Public Procurement Monitoring Office (PPMO) has started initiatives for enhancing the enforcement of the public purchase laws and the purchase readiness of public entities.
By Republica

Kathmandu, Oct 16: The Public Procurement Monitoring Office (PPMO) has started initiatives for enhancing the enforcement of the public purchase laws and the purchase readiness of public entities.


PPMO Secretary Dr Damodar Regmi said bringing effectiveness in the public procurement process would make the budget implementation efficient, increase the capital expenditure and the big projects would be completed on stipulated time.


"For this to happen, all the public entities should prepare practical purchase plans and show the purchase readiness accordingly. The PPMO will take further initiatives to stop the tendency of not preparing the purchase plan and showing purchase readiness pursuant to that," he said.


Related story

Municipalities allocate low budget for health services


According to him, all the public bodies are mandatorily required to prepare the purchase plan and enter that into the electronic purchase system as well as pursue the purchase process in accordance with that action plan. 


The PPMO will now carry out the monitoring of all these requirements through the electronic purchase system. Arrangements have been made for also taking reports from the chief of the purchasing unit and the office chief on a regular basis.


Secretary Regmi also said that the purchase readiness of the public entity would be measured, and an inter-agency coordination would have to be established on the topic of formation of the purchase unit, preparation of the purchase plan and whether or not works have been carried out on time as per the plan and whether or not decisions have been made on time.


The PPMO shall also emphasize on sustainable or green purchase as well, added Dr Regmi.


 

Related Stories
ECONOMY

PPMO blacklists 20 companies,  bars them from part...

SOCIETY

World Health Day: Department calls for wider coope...

ECONOMY

NAC seeks Rs 135 billion loan at subsidized intere...

ECONOMY

NIA allows insurance companies to buy up to 15 per...

ECONOMY

PPMO warns to blacklist nine construction companie...

Trending

Top Videos

Bold Preety willing to fight for her musical career

Awareness among people on heart diseases has improved in Nepal’

Print still remains the numbers of one platform

Bringing home a gold medal is on my bucket

What is Nepal's roadmap to sage child rights