Frequently Asked Questions

Public awareness workshops on three new financial laws:

  • the financial administration act 2003, act (654),
  • internal audit agency act 2003, act (658), and
  • public procurement act 2003, (act 663)

A fundamental problem with the Law, is that we use our local currency (cedis) for the thresholds, with the inevitable inflation of our currency, has provision been made to review the values of the figures if the cedi devalues?

Yes, there is a provision

Will the procurement board be having any capacity building for the various departments?

Yes, there will be capacity building for various departments whenever necessary.

As at now many institutions have problem with inadequate funding, won’t the engagement of the services of a lawyer on the tender committees add more cost?

No it will not add more cost, but they rather save money through appropriate procurement methods.

The tender committee does not consider the District Education Officer. Why?

Because that is what the law says.

Will a locally based but foreign owned company take part in National Competitive Tendering?

No because it is not a domestic company

Can an Entity Tender Committee member apply as a tender?

Yes, he can apply but cannot sit on committee

Can controller and Accountant Generals Department do procurement on behalf of other organizations, for instance DVLD?

No, because each government department must have its ETC for purpose of Procurement

Vice Chancellors are excluded from the universities tender board. Why are heads of other institutions members under the law?

No not necessarily the same

Does the Attorney Generals Department have enough Chief State Attorney to be on all the boards?

Yes

Can a ministry with different departments and agencies form one entity tender committee and should these agencies constitute different procurement entities?

No & Yes

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