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Public Procurement in     The Maldives Public Procurement in     The Maldives

Public Procurement in The Maldives - PowerPoint Presentation

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Uploaded On 2023-11-07

Public Procurement in The Maldives - PPT Presentation

Ahmed Mujuthaba National Tender and Project Management Ministry of Finance and Treasury Fourth South Asia Region Public Procurement Conference Sri Lanka Introduction and quick facts Maldives ID: 1029895

mvr procurement tender public procurement mvr public tender module framework centralized 2014 usd institutional 000 national approximately management implementation

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1. Public Procurement in The MaldivesAhmed MujuthabaNational Tender and Project ManagementMinistry of Finance and Treasury Fourth South Asia Region Public Procurement Conference: Sri Lanka

2. Introduction and quick facts –MaldivesLegislative and institutional framework Current practices on procurement e-GP readiness and implementation statusChallengesKey parts of the presentation

3. MALDIVES – Quick FactsLand Area – approximately 300 km2 (1900 Islands)Population – approximately 0.4 millionMain Industries – Tourism, Fishing, ConstructionCurrency – Maldivian Rufiyaa (MVR)Per Capita GDP – USD 3,930 (March 2014) Inflation (CPI): 1.7% (July 2015)Unemployment – 11.6%Debt to GDP – 70% (2014)Heavily depend on Imports – Fuel, Local consumptions, Building materialsMain Export – Fish products 40% of total exportsExchange Rate fixed to US Dollar – USD 1 = MVR 15.42

4. Legal Framework for Public Procurement

5. What Do the regulations apply to?All procurement by government agencies using public moneyPublic enterprises are not coveredExceptions for;Defense or national securityGrants/credits where donor rules applyPrivate financing and concessions

6. Institutional Framework- Who does what

7. Approval levelsProcurement officer – low value contractsUp to MVR 2,000Finance Executive– low value contractsBetween MVR 2,000 to MVR 35,000Agency Tender/Bid CommitteesBetween MVR 35,000 to MVR 2.5 MillionNational Tender Board More than MVR 2.5 Million

8. Both centralized and de-centralized systemSAP- MM module is used to procure goods and service for the small value contractsLarger projects carried by National Tender BoardAll information related to procurement are captured through SAP-MM module and PMSCurrent Practices in Public Procurement

9. Regulation has been changed to accommodate e-GP in the public sectorReadiness assessment will be done by end of September 2017Existing SAP-MM module has some features of e-GP ( e-purchasing, e-contract management, such as management of receivables, payments to suppliers, auditing etc.)Beginning of 2018, E-procurement will be started e-GP readiness & implementation status

10. Supplier/ contractors preparednessIT infrastructure and security issuesLegislative readinessEnroot trust on online transaction and e-signatureChallenges

11. Thank You