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2877 comments delivered to parliament (closed 22 February 2024)
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The Select Committee on Finance invites stakeholders and interested parties to comment on the Public Procurement Bill
Have your say – shape the Procurement Bill. [CLOSED]
- “There was considerable criticism of the Public Procurement Bill when it was tabled in the National Assembly. This criticism varied from procedural issues – a short notice period, rushing the legislative process and rendering it impractical – to more substantive issues which identified specific long-term consequences such as the impracticalities of implementing the Public Procurement Bill in its unamended form as well the negative impact of Bill on the Constitutional considerations of fairness, equity, transparency, cost-effectiveness and competitiveness to the bidding process.” — Wolfgang Neff, CEO of Wilson Bayly Holmes-Ovcon.
- DA Finance Shadow Minister Dion George said ‘the International Monetary Fund cautioned South Africa that preferential procurement adds 20% premium to the state’s cost of goods and services. That is approximately R160 billion.’
- The PPB is a new proposed law that is set to exacerbate that premium. It does so by increasing the official BEE premium cap to 66%, imposing ‘set-asides’ that automatically disqualify other bidders based on race, and more. Government procurement exceeded R1.1 trillion in the last 12 months. — Gabriel Crouse