(Manama - Bahrain, 24th July 2018): Bahrain saw strong growth in its tender opportunities in the past 12 months according to the 2017 Annual Report released by the Tender Board. The total number of opened tenders reached 1,091 in 2017, up by 9.2% from the previous year. In response, 5,208 bids were submitted, to which 1,892 tenders were awarded worth BHD 3.75 billion in total value (156% more in value than 2016).
HE Eng. Basim Bin Yacob Al Hamer, Minister of Housing and Chairman of the Tender Board said, “We had a strong 2017 and we are expecting continued growth over the next 12 months. Procurement laws are being updated to better suit current business needs and further improve an already highly transparent system. The Cabinet recently approved new streams of revenues that will allow us to hire qualified personnel for new specialized roles, add further value to our services, develop our capacities, and implement further strategic improvements.”
According to the report, the top five purchasing authorities with the highest value tenders in 2017 were Bahrain Petroleum Company (Bapco) (BHD 1.8 billion), Gulf Air (BHD 1.2 billion), the Electricity and Water Authority (BHD 309 million), Ministry of Housing (BHD 82 million) and Tatweer Petroleum (BHD 78 million). Among the mega projects was Bapco Modernization Program, the purchase of aircraft engines for Gulf Air’s new fleet as well as aircrafts Forward sale and leaseback, the transmission of cable works for the Electricity and Water Authority and the construction and maintenance of housing units for Ministry of Housing.
The Tender Board also worked closely with the public and private sectors and recorded greater levels of transparency and engagement with its suppliers and contractors in 2017. The number of local suppliers registered with the Board jumped to 4,268 from 3,123 in the previous year. The Annual Report also reveals a healthy 35% increase in international engagement, with 2,948 regional and global companies registering with Tender Board in 2017, compared to 2,176 in 2016. In addition, 2,568 companies took initiative to prequalify themselves for tenders last year, up by 18% from 2016. Keeping up with the growing demands, Tender Board achieved phenomenal response time, turning around more than 90% of incoming government requests in less than 14 days.
The Tender Board also optimized its communication channels and enabled an easier, more accurate data-entry process through a full-fledged digital project which is set to be rolled out over the course of 2018. This year saw the relaunch of the Tender Board website, making it Bahrain’s official platform for all new public tender announcements in Bahrain. A new Customer Service Portal was also introduced with the aim of becoming even closer and efficient with the target audiences. In addition, the Tender Board started working on new system enhancements that will connect its e-Tendering system with the Commercial Registration database of the Ministry of Industry, Commerce and Tourism.
HE Hayam Al Awadhi, Secretary General of the Tender Board, praised the Tender Board's success as a part of the ongoing development plan approved by the Cabinet chaired by HRH Prince Khalifa bin Salman Al Khalifa, Prime Minister, based on the recommendation of the Government Executive Committee chaired by HRH Prince Salman bin Hamad Al Khalifa, the Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister.
She said, “We are very proud of what we have been able to achieve in the past 12 months and plan to continue on our path forward with more enhancements that tie directly back to our vision. We plan to continue improving the transparency and efficiency of the Kingdom’s Government procurement practices in ways that are sure to encourage more suppliers and contractors to engage with Bahrain.”