FEATURED STORY

Governors give the nod to eletronic procurement

Share
Share

The National Treasury today met with the Council of Governors to deliberate on modalities of tackling challenges in the implementation of e-procurement. The electronic procurement and payment platform, launched in August last year, has been rolled out to the national and county governments.

The Council of Governors said it is backing the use of IFMIS e-procurement across all counties to enable the respective counties streamline their public procurement. The system is expected to give senior county officials including governors better control of procurement processes in their respective counties.

Treasury Cabinet Secretary Henry Rotich said the IFMIS e-procurement has been designed to ensure that public procurement of goods and services is done fairly, equitably, transparently, competitively and in a cost effective manner by all government procuring entities.

“IFMIS e-procurement system is linked to an Item Master which has indicative prices for all commonly used items. This will ensure that there are no price inflations by procuring entities thus enhancing value for money procurement,” he said.

The system also has inbuilt approvals at all levels of the procurement process to enhance checks, controls and accountability.
Written by
BUSINESS TODAY -

editor [at] businesstoday.co.ke

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Follow Us

Related Articles
Affordable Housing Project
FEATURED STORY

Govt Puts Up For Sale 4,888 Affordable Housing Units: Here’s The Full List And How To Buy

The government has put up for sale 4,888 affordable housing units across...

Geraldine Sande, Channel Sales Leader for Schneider Electric East Africa
FEATURED STORY

How Working With ‘Glocal’ Original Equipment Manufacturers Can Empower East Africa’s Channel Partners For Success

Channel partners in East Africa, including resellers, distributors, system integrators and panel...

Treasury CS John Mbadi
FEATURED STORY

Understanding Tax Amendment Bills: How The New Laws Will Affect Kenyans

The government has announced several amendments to the existing tax laws to...

Prime Cabinet Secretary and Cabinet Secretary for Foreign & Diaspora Affairs
FEATURED STORY

Inside Kenya’s 60 Years of Diplomatic Journey

Kenya is set to commemorate 60 years of diplomacy this week starting...