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The Public Procurement Act was proclaimed by the provincial government on March 24, 2018, bringing greater transparency and accountability to public tendering. This is good news for small business, but it’s important you understand all the changes if you’re planning to make a bid.
The new Act provides for:
Certain thresholds must be met in order to require an open bid, and there may be times when a bid process is not required – for example, if there are security concerns or there’s an emergency. Lists of pre-qualified suppliers may be established through a request for qualifications process and will be valid for one year, however exceptions are possible.
For more information on the procurement process in Newfoundland and Labrador, please read our handout Public Procurement Act – What you need to know.
If you have further questions or concerns, please contact your CFIB counsellor at 1-888-234-2232 or [email protected]