NASRIA Procurement Policy is issued consistent with the requirements and authorizations contained in the Public Procurement Act 2015, (Act No 15 of 2015) (“the Act”), Public Procurement Regulations 2015 (“PPR"), and the NASRIA Act, 2001 (Act No. 3 of 2001).
NASRIA supports and adheres to the policy and legislative framework which the Government has in place to re-address the disadvantaged social and economic position, therefore;
-Relevant procedures and processes must reflect a procurement system which is sustainable,fair, ethical, equitable, transparent, competitive and cost effective.
- NASRIA will take necessary action regarding corrupt activities and acts of financial misconduct.
- NASRIA’s Code of Ethics requires that all business transactions are based on sound business practices and are conducted with integrity, fairness and transparency by adhering to a properly documented procurement process.
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A bid securing declaration is an undertaking in writing that a bidder will not withdraw the bid or reject to sign the contract.
The display of the procurement plan does not affect the procurement process since the award of contract is not only based on price but follows the evaluation criteria stated in the bidding document. The bidders will still be subjected to competition to determine the best offer.
The Procurement Officer
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