Public procurement in Guyana is a formally regulated and institutionally supervised system through which the Government of Guyana acquires goods, works, and services necessary for public administration, infrastructure development, and service delivery. As a high-income economy within Latin America and the Caribbean - driven largely by rapid economic expansion and public investment - procurement has become a strategically significant component of fiscal governance.
Public procurement activity in Guyana is particularly prominent in construction, transportation, energy, public utilities, health, and education. The system combines centralised oversight with decentralised execution by procuring entities, supported by statutory tender boards and independent oversight mechanisms.
For domestic suppliers and international contractors, government tenders in Guyana offer growing opportunities, especially in infrastructure and development projects, while requiring compliance with national procurement law, transparency rules, and review procedures.
| Country | Guyana |
| Region | Latin America and the Caribbean |
| Population | 813,800 (2023) |
| Income Level | High-income economy |
| Base Currency | Guyana Dollar (GYD) |
| Exchange Rate | 1 USD = 208.5 GYD |
| GDP | USD 16.9 billion (2023) |
| GNI | USD 15.4 billion (2023) |
| GNI per Capita | USD 18,960 (2023) |
Guyanaβs public procurement system is overseen by two primary national institutions, each with distinct statutory responsibilities related to procurement administration, oversight, and accountability.
Procuring entities include ministries, regions, statutory bodies, and public agencies, operating through tender boards subject to review and no-objection procedures.
Public procurement in Guyana is governed by a comprehensive legislative framework, supplemented by regulations, amendments, and official procurement guides.
The legal framework embeds core procurement principles, including transparency, competition, value for money, accountability, and domestic supplier participation.
| MEAT (Most Economically Advantageous Tender) | Procurement Act 2003, Section 46 |
| SME Participation | Procurement (Amendment) Act 2019, Section 3A |
| Domestic Preference | Procurement Act 2003, Section 39(6)(b) |
| Bid Securities | Procurement Regulations 2004, Regulation 9 |
| Bid Validity | Procurement Act 2003, Section 36 |
| Complaint Resolution | Procurement Act 2003, Sections 52-53 |
Although the legislation does not mandate a formal standstill period, a de facto standstill is commonly observed in practice for goods, works, and services contracts.
Guyana does not yet operate a fully integrated national eProcurement platform. Digital publication is primarily used for transparency and notification purposes.
Awarded tenders and procurement notices are published through official portals:
Comprehensive nationwide procurement statistics are not fully consolidated. Available data mainly reflects procurements exceeding statutory tender board thresholds.
In practice, evaluation timelines often exceed statutory guidance.
Guyanaβs procurement system provides for supplier complaints and administrative review, ensuring procedural fairness and accountability.
Guyana has begun integrating sustainability considerations into procurement policy, particularly through national development and low-carbon strategies.
Mandatory green procurement targets, monitoring tools, and spend quotas are not yet formally defined in procurement legislation.
In conclusion, public procurement in Guyana operates under a mature legislative framework with strong oversight institutions and increasing transparency. While digital procurement remains limited, the system provides expanding opportunities for suppliers, particularly in infrastructure and development-driven sectors, supported by clear legal rules and evolving sustainability objectives.
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