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
-
NSMQ Final: St Augustine’s get GH¢110,000 motivational package from old boys
13 minutes -
AFCON 2027: Ghana has no business doing football if we can’t beat Somalia and The Gambia to qualify – George Afriyie
31 minutes -
Starlets to face Togo on October 10 in U-17 AFCON qualifying campaign
42 minutes -
FIFA U-20 World Cup: Princesses showed character-Head Coach
47 minutes -
PBee releases new single ‘Lose My Mind’ featuring SIICIE today
1 hour -
Many have been dismissed – Interior Minister exposes forged WASSCE results in security recruitment
1 hour -
NCA clears MTN, Telecel, Goal for next stage of 5G spectrum licensing
1 hour -
Father demands probe into death of Central University student in motorway crash
2 hours -
Transport Minister orders urgent action to tackle surge in port congestion
2 hours -
NPP national executive election: Here are the ballot positions
2 hours -
Court orders police to file disclosures in Labone robbery case
2 hours -
Central Regional Minister lauds Gomoa Central Assembly for effective utilisation of Common Fund
2 hours -
What must gov’ts do to make food systems drive job creation in Africa? – Fareeda Mustapha asks Rwanda’s Kagame
2 hours -
Gender Minister calls for equitable gender roles to support girls’ development
2 hours -
Prioritise rural businesses in Women’s Bank – NETRIGHT urges gov’t
2 hours