{"id":81881,"date":"2022-10-05T16:20:35","date_gmt":"2022-10-05T16:20:35","guid":{"rendered":"https:\/\/www.bahamastradeinfo.gov.bs\/buy\/?p=81881"},"modified":"2022-10-05T16:23:38","modified_gmt":"2022-10-05T16:23:38","slug":"prime-minister-officially-launches-gobonfire-eprocurement-platform","status":"publish","type":"post","link":"https:\/\/www.bahamastradeinfo.gov.bs\/buy\/2022\/10\/05\/prime-minister-officially-launches-gobonfire-eprocurement-platform\/","title":{"rendered":"Prime Minister officially launches \u2018GoBonfire eProcurement Platform\u2019"},"content":{"rendered":"
\"Prime

Prime Minister and Minister of Finance, the Hon. Philip Davis officially launched GoBonfire eProcurement Platform at Margaritaville Beach Resort, Compass Rose Ballroom, October 3, 2022. (BIS Photo\/Patrick Hanna)<\/strong><\/p><\/div>\n

The new platform fosters transparency and ease of access to procurement opportunities<\/h3>\n

The Government, through the Ministry of Finance, officially launched the GoBonfire eProcurement Platform through which goods and services for all government and quasi-government will be sourced, with the objective of providing a higher level of accountability.<\/p>\n

This milestone in governance was launched by Prime Minister and Minister of Finance, the Hon. Philip Davis at Margaritaville Beach Resort, Compass Rose, Ballroom on Monday, October 3, 2022.<\/p>\n

\u201cI am very pleased to be here to launch GoBonfire, the eProcurement platform through which goods and services for all government and quasi-government will be sourced,\u201d the prime minister said.<\/p>\n

The new platform would also allow the Government to fulfill its commitment to transparency and ease of access to procurement opportunities, as required under the Public Procurement Act, 2021.<\/p>\n

The platform, designed and built by GoBonfire, expands on the legacy procurement platform and enables vendors to, among other things: search procurement opportunities across all Government agencies; download and have instant access to all Government procurement opportunities; receive procurement opportunity notices that would interest the vendor.<\/p>\n

\u201cProcurement is the basis of democracy, nation building, and strong, well-functioning economies; and it is often said that perception is reality,\u201d said the prime minister. \u201cThis is because an impression of something defines how it is seen, regardless of the truth.\u201d<\/p>\n

He noted that his government\u2019s Blueprint for Change \u201cincludes our Economic Plan to bring relief and dignity to Bahamians by creating more dynamic and inclusive solutions to kick-start the economy.\u201d<\/p>\n

The prime minister shared that in the Corruption Perceptions Index (CPI) of Transparency International for 2021, The Bahamas ranked 30th<\/sup> out of 183 countries with a score of 64 out of 100.\u00a0 And, particularly, firms in the United States of America identified corruption as an obstacle to the foreign direct investment (FDI) approvals process, and reported perceived corruption in government procurement.<\/p>\n

\u201cThat is why we committed to fiscal consolidation and the modernisation of infrastructure to justify and procure public goods and services in an efficient, transparent, and accountable manner,\u201d he said. \u201cThis New Day Government is solidly resolved in its ideals of good governance, integrity, and accountability. A new Public Procurement Bill will soon be publicised for consultation.\u201d<\/p>\n

Small businesses, Family Island vendors, youth, and women will be targeted for participation in the economy<\/h3>\n
\"Officials

The Government, through the Ministry of Finance officially launched GoBonfire eProcurement Platform at Margaritaville Beach Resort, Compass Rose Ballroom, October 3, 2022. Pictured from second left: BCCEC Chairman, Khrystle Rutherford-Ferguson; Charg\u00e9 d\u2019Affaires of the Embassy of the United States of America, Usha E. Pitts; Minister of Economic Affairs, Senator the Hon. Michael Halkitis; and Parliamentary Secretary Wayde Watson. (BIS Photo\/Patrick Hanna)<\/strong><\/p><\/div>\n

Observing that GoBonfire is a necessary change, the prime minister also said that the retiring platform was launched in 2005, well before the passage of the Public Procurement Act, 2021.\u00a0 Unfortunately, its age limited its function.<\/p>\n

\u201cOur Blueprint for Change speaks directly to digital transformation and, specifically, the Government Procurement Platform.\u00a0 GoBonfire aligns with our Ease-of-Doing-Business approach to rescue the economy.\u00a0 From anywhere, a business entity can submit proposals for procurement opportunities with government and quasi-government agencies,\u201d the prime minister said.<\/p>\n

For fiscal year 2022\/2023, approximately $795 million has been allocated for recurrent and capital expenditure.\u00a0 And according to the prime minister, that represents vast procurement opportunities for goods and services, and for construction services.<\/p>\n

\u201cThe focal activities of the GoBonfire eProcurement Platform embrace our governance ideals and provide the requisite solution to facilitate our objective,\u201d the prime minister said.<\/p>\n

He added, \u201cFrom GoBonfire, we will assist Government by enhancing our ability to gather accurate, real-time data to inform decision-making, to ensure that obligations (including payments) are being met on time, and to monitor the life cycle of the project.\u201d<\/p>\n

The prime minister explained that the fallout from Hurricane Dorian and the COVID-19 pandemic left many suppliers struggling to meet their business obligations because of lockdowns and business uncertainty.<\/p>\n

He noted the merits of competitive procurement processes and added, legislation would ensure that small businesses, Family Island vendors, and women are afforded access to and opportunities for participation in the economy<\/p>\n

He also committed to allocating five percent of all government procurement contracts to businesses owned by young Bahamians.<\/p>\n

Small businesses, Family Island businesses, businesses owned by women, and businesses owned by young Bahamians will be monitored as key performance indicators (KPIs) for this Administration.<\/p>\n

\u201cHowever, for the sake of clarity, let me say this.\u00a0 Nobody should be deprived of opportunities to contribute to national development through procurement,\u201d the prime minister said.<\/p>\n

Source: Bahamas Information Services (Lindsay Thompson)<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

The Government, through the Ministry of Finance, officially launched the GoBonfire eProcurement Platform through which goods and services for all government and quasi-government will be sourced, with the objective of providing a higher level of accountability<\/p>\n","protected":false},"author":16,"featured_media":81882,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-81881","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"\nPrime Minister officially launches \u2018GoBonfire eProcurement Platform\u2019 - 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