President George Weah has submitted a concession agreement between the government and Prista Port Buchanan LLC to the legislature for ratification.
Nearly six months since the Liberian government announced an agreement with Prista Oil Holding EAD to develop the Port of Buchanan, an investigation suggests that the pending agreement may violate public procurement laws.
Public procurement is the process through which hard-earned taxpayersâ€™ monies are used to better the lives of its citizens. Contemporary public procurement has gone beyond just buying goods, works, and services. Developed countries like France, Singapore, and the United Kingdom, for example, are now using public procurement to mitigate climate change, fight corruption, bribery, human trafficking, or child labor.
The Liberian government is set to lose more than US$1.12 million in direct budget support from the European Union in the upcoming budget year for failing to achieve adequate procurement planning.
James Dorbor Jallah, who recently served as the executive director of the Public Procurement and Concessions Commission before being removed from the position, says his â€œoptions are open at the moment.â€
307 Liberian-owned businesses to be trained on bidding for government tenders.
A senior staff of the William V. S. Tubman University in Harper, Maryland County, Roland T. Barnes, has been revealed to be involved in a scheme to receive kickbacks from a construction company in exchange for contracts to be awarded by the university.
The first part of a series of articles on the procedures governing Liberia’s County Development Funds. This piece explains how the CDF works while the following article will propose some changes.