Audio By Carbonatix
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.
Latest Stories
-
By 2030, no raw gold leaves Ghana – Sammy Gyamfi reveals Mahama’s bold directive
2 hours -
Raw gold exports declining as Ghana shifts to refining agenda – Sammy Gyamfi
2 hours -
It has already started – Sammy Gyamfi says shift from raw gold to bullion is underway
4 hours -
Czech Republic deny Denmark in shootout to reach World Cup
4 hours -
Sacking Otto Addo was in Ghana’s best interest – Kurt Okraku
4 hours -
Eritrea advance after 19-year absence from Afcon qualifying
4 hours -
Napoli could punish Lukaku over training no-show
5 hours -
Judge temporarily halts construction of Trump’s White House ballroom
5 hours -
Tech giant Oracle makes ‘significant’ job cuts
5 hours -
Iran will play World Cup games in US – Infantino
5 hours -
World Cup risks being ‘stage for repression’ – Amnesty
5 hours -
Barcelona move difficult to turn down – Cucurella
5 hours -
England beaten by Japan in final match before World Cup squad is named
6 hours -
Newcastle not looking to make Howe change at moment – CEO
6 hours -
Italy fail to reach third straight World Cup after penalty shootout loss to Bosnia
6 hours
