The Government is taking steps to speed up the national contracts award process for completion within 120 days.

Minister without Portfolio in the Ministry of Finance and Planning, Hon. Horace Dalley, announced the programme, which is aimed at improving efficiency, during his contribution to the 2013/14 Sectoral Debate in the House of Representatives.

The Cabinet has issued drafting instructions for the development of a comprehensive Public Procurement Law and Regulations that will guide public procurement, and bind public institutions to specific standards.

Public procurement is critical to boosting local, national and regional business activities, as it accounts for 30 per cent of Jamaica’s Gross Domestic Product.

"It is generally agreed that the procurement process is too protracted and contributes to significant delays in the implementation of Government projects,' said the Minister. "We have found that from announcement of Request for Proposals to the award of a contract, the time period can be as much as two years."