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Tuesday, 10 July 2018

Public Contracts Act could go back to house general assembly in two weeks, issued in 4 months

LEGISLATION WATCH- The draft Public Contracts Act is expected to be presented to the House of Representatives’ general assembly before the end of the current legislative season, according to the head of the Federation of Builders and Contractors Hassan Abdel Aziz. Any amendments to the bill, which received a preliminary nod from the House last week, will then be sent to the Council of State for review, he tells Al Masry Al Youm. The bill, previously known as the Tenders and Auctions Act, aims to decentralize and streamline tender procedures. It is currently being reworded by the House Budget committee to reflect the title change, according to Abdel Aziz, who says he expects the law to pass the House this fall.

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