MONROVIA, June 16 (LINA) -The Chief Executive Officer of the Public Procurement and Concessions Commission (PPCC) has disclosed that the institution will commence the registration of businesses wishing to participate in public tenders for the 2015-2016 fiscal year on July 1.

Dorbor Jallah warned that unless a business or company is registered with the PPCC it will not be eligible to participate in public tenders, adding “for them (businesses) to participate they have to be registered with PPCC.”

Making the disclosure Tuesday at the Ministry of Information press conference, he said preparations for the registration process are already on-going.

Jallah pointed out that the reason why they want all businesses desirous of engaging in public procurement to register is because this will enhance efficiency, which is one of the main objectives.

According to the PPCC Executive Director, enhancing efficiency will help reduce the period of registration from three months to three weeks.

According to him, the registration will also enhance implementation of the Small Business Act, which is intended to promote the growth of Liberian-owned businesses.

The Small Business Act, which has been passed into law, reserves 25 percent of government’s procurement budget to empower Liberian-owned businesses, with five percent of the 25 percent exclusively reserved for Liberian female-owned businesses.
LINA DMW/TSS/PTK