Treasury clears tender delays, lowers costs in procurement

Cabinet Secretary, National Treasury & Economic Planning, Njuguna Ndung'u.  

Photo credit: File | Dennis Onsongo | Nation Media Group

Public agencies have been handed a boost after the Treasury activated a new law allowing them to engage more than one vendor for the same item sought.

The new regulations by Treasury Cabinet Secretary Njuguna Ndung’u enable the agencies to sign agreements that allow for the supply of goods or services whose quantities and delivery schedules are not definable at the beginning of the contracting period.

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