Topic: Procurement Bill

A Cayman Islands Legislative Assembly debate this week over changes to the public bidding rules turned into a political fight ahead of the May 2017 general election. The Progressives-led government brought forward a long-recommended Procurement Bill, which was approved by lawmakers late Monday after some debate over what amounted to “political interference” in the public sector bidding process.

Cayman Islands lawmakers are set to review and approve an unprecedented number of bills in the Legislative Assembly meeting that begins Tuesday, some of which involve complex, long-standing issues that have been before parliament for more than a decade.

Five years after an audit revealed Cayman was “wasting millions of dollars” each year on the purchase of goods and services, the territory has rewritten its rules for public procurement in a bill that could come before the Legislative Assembly this month.