Getting ready for a public procurement law
The government recently announced its clear intent to operationalise a public procurement law, with a view to fostering transparency, competition, efficiency and economy in government contracts. If the 2011 UNCITRAL (United Nations Commission on International Trade Law) Model Law forms the basis of new legal formulations, the changes will be significant indeed, since the UNCITRAL Model Law essentially mirrors the procurement practices of the EU and the US.
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