The Kingdom has strived to regulate procedures relating to government purchasing and procurement, thereby maximizing the utilization of public funds when contracting services, consultancy and non-consultancy services, etc | Regulating government tenders and procurement processes and preventing them from being influenced by personal interests, in protection of public funds |
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The portal is an entirely digital gateway for posting government tenders, receiving invitations, obtaining fascicles, surveying bids and awarded contracts, with first preference being given to small and medium-sized businesses, which are exempt from preliminary insurance | This section specifies the goals of the government tenders and procurement laws when it comes to the utilization of contracting services and consultancy and non-consultancy services |
Goals of the Government Tenders and Procurement Law• Enhancing integrity, transparency, and competitiveness, and ensuring fair treatment of contractors; ensuring equal opportunity.
6Achieving transparency at every step of the government procurement process | |
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To regulate this process, the was passed with its | The portal allows the largest segment of competitors to access bids, enhancing competitiveness and improving the quality of government projects undertaken |
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