Liberia's public procurement is governed by the Public Procurement and Concession Commission Act of 2005 and the Public Procurement and Concession Regulations of 2006. The law establishes the Public Procurement and Concession Commission (PPCC) as the main regulatory body responsible for overseeing the procurement process in the country.
The procurement methods used in Liberia include:
Open competitive bidding: Open to all interested and eligible bidders and the award is made to the lowest responsive and responsible bidder.
Limited competitive bidding: Open to a selected group of pre-qualified bidders.
Sole-source procurement: Used in exceptional circumstances where only one source is capable of providing the goods or services required.
Direct contract award: Used for procurement of goods and services valued at $5,000 or less.
The procurement process in Liberia follows a set of established procedures, including advertising, pre-qualification, bidding, evaluation, negotiation, and award of contract. The PPCC is responsible for ensuring that the procurement process is transparent, competitive, and in compliance with the procurement laws and regulations.
