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The National Public Procurement Authority (NPPA) has unveiled the third quarter of the 2022 public procurement price norm as part of an effort to bring uniformity in the prices of commonly used tools across Ministries, Departments, and Agencies (MDAs) when undertaking their procurement activities and ensure value for money.
The Price Norm is a required blueprint document that is aimed at enhancing a prudent public financial management system to achieve value for money in procurement activities, said Fodie J. Konneh, the Acting Director of Procurement, Public Procurement Directorate at the Ministry of Finance, in Freetown on Tuesday.
Mr Konneh said publication of the usual public procurement price norm has ensured checks and balances between the private sector and MDAs. He said it has also ensured transparency and accountability in doing business with the Government. Speaking during during the news conference, the Chief Executive of NPPA, Ibrahim Brima Swaray said that the usual launch of the procurement document by the Authority is part of Government efforts to judiciously manage the countryโ€™s meager resources from drowning in bad procurement deals.
He added that the sacred document which usually updates prices of goods and services every quarter in newer editions will change the dynamics and also narrow the disparity in the prices of goods and services, whilst achieving uniformity in the process.
However, Brima Swaray implored procurement professionals to ensure fairness and transparency in the procurement processes, saying that it is a fight in the interest of the country to protect its meager resources.
He also implored procurement professionals to internalize the reference document which helps to guide their work to avoid embarrassment from auditors.
Quizzed about the processes leading to the printing of the new Leone currency, Mr Swaray said NPPA was well informed in the procurement processes involved in the printing of the re-denominated currency and โ€˜due diligence was followed by the Bank of Sierra Leone.โ€™ He said printing of currency does not need to be advertised.
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