Wed, 25 July 2018
According to the 2017 Annual Report released by the Bahrain Tender Board, the total percentage of opened tenders was up by 9.2 per cent when compared with the previous year. The value of the tenders was 156 per cent higher than that of 2016.
The top five purchasing authorities with the highest tender values were Bahrain Petroleum Company (BAPCO), Gulf Air, Electricity and Water Authority, Ministry of Housing and Tatweer Petroleum.
HE Hayam Al Awadhi, secretary general of the Tender Board, praised its success saying: “We are very proud of what we have been able to achieve in the past 12 months and plan to continue on our path forward with more enhancements that tie directly back to our vision. We plan to continue improving the transparency and efficiency of the Kingdom’s Government procurement practices in ways that are sure to encourage more suppliers and contractors to engage with Bahrain.”