Tuesday, November 5, 2024
HomeBUSINESSAWARDING OF 20% OF GOVERNMENT’S CONTRACTS TO SMALL BUSINESSES​

AWARDING OF 20% OF GOVERNMENT’S CONTRACTS TO SMALL BUSINESSES​

The 20% of Government’s contracts to small business is on a standstill since the Small Business Bureau is waiting for the amendment of the Public Procurement Act.

The Ministry of Business is still streamlining the system through which 20% of Government’s contracts are to be allocated to small businesses in 2019. The Small Business Bureau had indicated in December of last year, that small businesses will be able to access the contracts from January 1. Minister of Business Dominic Gaskin says all the systems are currently not in place.

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