E-procurement now mandatory for tendering in Cyprus

IT HAS now become mandatory for all government tenders to be submitted to the state online through the Public Procurement Directorate of the Treasury yesterday.

The move has been deemed a great success for the Accountant-general office, which has completed the project in line with the Lisbon deadline.

“Until recently more than 1,500 businesses from Cyprus and abroad, as well as all state contracting authorities have been registered  on the e-procurement system,” said Accountant-general Lazaros Lazarou.

“In addition, more than 500 real competitions have been proclaimed with great success and positive feedback, both from contracting authorities and economic operators.” Through the website www.eprocurement.gov.cy companies can view open state contracts and can submit tenders online. The system is expected to bring transparency and speed to the public procurement process.

Public contracts represent an annual investment of €12.5 billion. The project cost €2.1 million, some 90 per cent of which was funded by the EU.

The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.