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Home » Sri Lankan Tenders, Bids, E Procurement, EOI, eTender and Online Auctions
Public Procurement in any country can be divided in to 3 major categories and accordingly in Sri Lanka also, TendersOnTime covers all 3 types of procurement categories like:
Sri Lanka has taken major strides in bringing transparency and efficiency in Public Procurement function. To know more about how Sri Lanka is performing on various parameters related with Public Procurement like:
Please read The World Bank Report on: Benchmarking-Public-Procurement-2017
TendersOnTime provides Sri Lanka Tenders, ICBs, RFQ, E Procurement Notices, Municipal Corporation, Ministry Departments, Online E Tenders and all Sri Lanka Government Tenders. Register to get latest information about : Sri Lanka latest/Local Tenders, Sri Lanka Tenders, Sri Lanka RFP, RFQ Listing, Sri Lanka international Tenders, Sri Lanka Commercial Opportunities and Trade Tenders. Our associates in Sri Lanka region send us tender details published in local newspapers, which is the biggest advantage our client can have.
Sri Lanka Infrastructure Projects Financing and Execution:
In order to meet the ever-growing requirement of infrastructure and utilities, the government of Sri Lanka creates new assets, acting as the owner of the project. All these projects are procured through various mode. TendersOnTime covers all such types of procurement, and some of them are:
Like any other country, Sri Lanka also strive to provide best in class infrastructure facilities and utilities to its citizens. Since, infrastructure projects are typically capital intensive, conventional form of financing like budgetary allocation by Sri Lanka government cannot meet this requirement. The most obvious option to create the infrastructure at fast pace is to involve the Private Sector through PPP (Public Private Partnership). There are various modes of engagement between the private sector and the government of Sri Lanka. TendersOnTime covers all types of PPP models in Sri Lanka. Some of these models are:
In order to assess Government Capability to Prepare, Procure and Manage projects on PPP basis, The World Bank has prepared a benchmarking report in 2017 and have evaluated various countries on the basis of below parameters:
To know how Sri Lanka performs on these parameters please view the full report: Benchmarking Public-Private Partnerships Procurement
Information on Funded Tenders and Projects in Sri Lanka:
Multilateral development banks or Multilateral Funding Agencies plays an important role in nation building by providing loans and grants at a concessional rate to developing countries. Apart from covering Sri Lanka Government Business Opportunities, TendersOnTime covers all major active funding agencies in Sri Lanka like: Sri Lanka Bi-Lateral Funding Agency Tenders and Sri Lanka Multilateral Funding Agency Tenders.
All major funding agencies, when they finance any project in Sri Lanka ask the purchasers to follow the standard procurement process adopted by the particular funding agency. Accordingly, TendersOnTime covers all the notices: Sri Lanka Procurement Plans, Sri Lanka General Procurement Notices and Sri Lanka Specific procurement Notices.
Apart from funding agencies, Sri Lanka government is also giving major emphasis on addressing environmental concerns arising due to global warming. TendersOnTime covers news on Sri Lanka Sustainable Public Procurement and Sri Lanka Green Public Procurement.
Arbitration and Reconciliation Services in Sri Lanka:
When there is contract, there exist the probability of dispute. The disputes may arise on various accounts like: different interpretation of clauses, inability of the contractor to full fill any particular obligation due to some constraints and in some cases skipping few points which neither party could envisage.
In order to lessen the burden on formal courts, the Sri Lanka government encourage settlement of commercial disputes through Alternate Dispute Resolution (ADR) methods, and Arbitration is one of the most preferred method. TendersOnTime through its empanelled Arbitrators provide these services in Sri Lanka. Our experts are well versed with:
Sri Lanka Business Environment:
It is always not the government who is responsible for creating infrastructure in Sri Lanka. Like in any other country private sector also plays an important role in nation's building. But then it is the responsibility of the government to create a conducive environment so that private sector can flourish. This can be achieved by not only one single measure but it requires many structural changes at macro level specially in policy making, protecting minority investors, taxation, labour law, permits, protection of property rights and many more.
To know more about how Sri Lanka Government performed on doing business score, please read the full report at: World Bank Doing Business Report, 2019.
Tags: Sri Lanka Tenders online, Sri Lanka Tenders portal, Sri Lanka Public Tender Notices, Sri Lanka Published Tenders, Sri Lanka tender news, Sri Lanka Tenders Leads
About SRI LANKA
Flag Of SRI LANKA
Capital | Sri Jayawardenepura Kotte |
ISO 3166 Code | LK |
Population | 20,359,439 |
Area, Sq KM | 65,611 |
Currency | Sri Lankan rupee |
Official Language | Sinhala, Tamil |
GDP, Billion USD | 67,182 |
GDP Growth Rate, % | 7.0 |
Inflation, Avg CP, % | |
Interest Rates, % | |
Unemployement Rate, % | 4 |
Exchange Rate, 1 USD Equals | 133.53 |
International dial code | +94 |
Time ZONE | GMT+05:30 |
Internet TLD | .lk |
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