Central Procurement Unit
The Government of Grenada has introduced a system of procuring its goods, works and services, and disposing of its assets, with the passing of the Public Procurement and Disposal of Public Property Act in 2014, and Regulations in 2015.
The Act provides for the procurement of goods, works, and services by all public entities including Ministries and Departments, Statutory Bodies, Boards and Commissions.
The Act establishes the relevant institutions for the proper governance of the procurement system and prescribes the procedures for its efficient operation. The Public Procurement Board, the Review Commission, and the Central Procurement Unit, are the main institutional bodies in the system.
- Maximize economy and efficiency
- Promote open competition among suppliers, and provide for their fair, equal and equitable treatment.
- Increase public confidence in the procurement system
- Facilitate the promotion of local industry and economic development