According to the World Bank, online bid invitations by government agencies went up by 571 times since its inception two years ago, growth based on the procurement reforms supported by the institution. Similarly, the number of registered bidders for the electronic government procurement (e-GP) grew by 30 times to 8,900 in May 2014 from 294 in June 2012.
Under the same project, the World Bank supports Bangladesh under its Public Procurement Reform Project II in implementing the e-GP starting with procuring agencies. The reform is set to focus on four state-run agencies: the Roads and Highways Department, Local Government Engineering Department, Bangladesh Rural Electrification Board and Bangladesh Water Development Board. These four agencies together account for a major portion of government procurement and have also rolled out online procurement performance monitoring.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.