We must break monopolistic stranglehold on public procurement

A competitive process essential for fair, transparent procurement

The electronic procurement, rolled out more than a decade ago to ensure competition and cut the scope of irregularities, still suffers from a lack of competition as public agencies awarded contracts worth Tk 60,069 crore based on single bids, a new study found.

The Transparency International Bangladesh says

The World Bank yesterday approved $40 million to help Bangladesh expand the coverage of electronic government procurement (e-GP), with new features to respond to the Covid-19 challenges.

The departments that provide public service are particularly the targets of public contactors out to make a quick buck, most often than not, at the cost

Each year, Bangladesh spends more than Tk. 72,000 crore on government procurement. That includes paying for anything from Padma Bridge...