The Public Procurement & Disposal of Property Act No. 1 of 2015 Intensive on December 5th and 8th 2016
Highly specialized intensive one-day seminar arming public sector professionals with the tools to manage the most challenging issues under the new procurement regime.
In December 2014 the Parliament of Trinidad and Tobago passed into law the Public Procurement & Disposal of Property Act which was assented to by the President in early 2015. The PP&DP Act No.1 of 2015 now brings all procurement of goods, works and services using “public money” under an overarching statutory framework. A new Office of Procurement Regulator is being established with far-reaching investigative powers into public procurement processes.
New procedural, disclosure and reporting obligations have been created for all public sector bodies and new rights and liabilities created for public sector suppliers.
In September 2015, the Minister of Finance announced the intention that the Act would be implemented by March 2017.
The need properly and effectively to identify and address institutional and professional capacity weaknesses in preparation for the proclamation of the new procurement regime will be key to ensuring not only efficiency in transitioning from the old regime to the new but will also serve to protect public sector professionals from costly bureaucratic, financial and reputational exposures.
Introducing the New Procurement Regime
Based on an independent clause by clause analysis of the new public procurement regime developed for Public Sector Bodies and Suppliers You will learn how to:
- Jumpstart your organizations preparation for the implementation of the new public procurement regime
- Address the SIX most important capacity areas at an organizational level before the new regime is implemented
- Benchmark existing tender rules and processes with the new statutory mandate
- Get Prepared for the new Accelerated Challenge Proceedings under Part V of the Act
- Place the emerging statutory regime within the context of existing common law competitive bidding obligations
- Make the shift at both the institutional and professional level from rules based procurement compliance to strategic and sustainable procurement
- Manage new public purchaser and supplier obligations relating to procurement planning and reporting, confidentiality and disclosure, civil and criminal liabilities, cancellation rights, local preference and disposal of public property
- Become ready for the new Statutory Responsibilities of Procurement Officers and or the new public purchaser responsibilities to the Office of Procurement Regulator, including reference to new Anti-Corruption Offences created by the PP&DPA
- Manage Whistleblowing complaints under the PP&DPA
For more details about the event, click on the link below to access the brochure.