News

News Release 29/12-G - Senior Cayman officials now more conversant with CDB Procurement rules

Published on
No 29/12-G 19 May 2012 Senior officials of Government ministries and agencies in the Cayman Islands who are involved in implementation of projects undertaken by the Government now know much more about how they can comply with the procurement regulations of the Caribbean Development Bank (CDB). They attended a two-day workshop conducted by CDB's Head of Procurement, Mr. Norman Cameron. Mr. Cameron explained to the approximately 30 participants that the workshop had been organised to launch the Bank's revised procurement guidelines for Consultants for projects financed by the Bank. In his opening remarks, Mr. Nick Freeland, Chairman of the Central Tenders Committee, said the workshop was timely, since the Cayman Islands is currently in the process of reviewing its own procurement procedures. The Central Tenders Committee is the key body in the oversight of government spending and value for money in the Cayman Islands. Financial Secretary, The Hon. Kenneth Jefferson JP, attended the opening ceremony of the workshop at The Ritz-Carlton, Grand Cayman on May 17, 2012. This was the fifth such workshop to be held in the Bank's borrowing member countries to launch the "Guidelines for the Selection and Engagement of Consultants by Recipients of CDB Financing" (October 2011). Similar workshops have already taken place in St. Lucia, Belize, Jamaica and Grenada.

Related News