The government is set to launch a new project to fully digitise and reform the country's public procurement system, reports UNB.
The five-year project, titled "Procurement Modernisation to Improve Public Service Delivery (PMIPSD)" envisioned the use of advanced technology and capacity development, according to official documents seen by UNB.
The ambitious project, estimated to cost Tk 551.97 crore, will be implemented from July 2025 to June 2030 by the Implementation Monitoring and Evaluation Department (IMED), with the Bangladesh Public Procurement Authority (BPPA) as the implementing agency.
Of the total cost, Tk 432.90 crore will come as project loan from the World Bank, while Tk 119.07 crore will be funded by the government.
According to official documents, the project's main objective is to make the e-Government Procurement (e-GP) platform the exclusive system for all public procurement activities in the country, ensuring transparency, efficiency and accountability.
The government wants make it mandatory to process all government procurement activities in the e-GP system, develop a plan for sustainable operations and future maintenance by upgrading the hardware and software of BPPA's data center to enhance the functionality of e-GP.
The aim of the government is to establish a secure, real-time and modern data analytics capability using emerging technologies such as Open Contracting Data Standards (OCDS), Artificial Intelligence (AI) and Machine Learning and Develop a medium-term capacity building strategy, including contract management, for all levels of procurement stakeholders, which will improve the management of the public procurement process;
It will develop new standard specifications for commonly used products to facilitate updating framework contracts, and enhance the need-based usability of existing Standard Tender Documents (STDs) and develop emergency public procurement procedures in times of natural disasters or health crises along with Develop and implement a five-year prospective action plan for BPPA to transform the CPTU into a fully operational authority.
The initiative follows the successful implementation of the Digitising Implementation Monitoring and Public Procurement Project (DIMAPPP)
since 2017.