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Public Procurement and Disposal of Public Assets Act, 2024

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malawi, Ministry of Finance

2024malawiFinanceOther

Establishes a comprehensive framework for regulating public procurement and asset disposal. It creates the Public Procurement and Disposal of Public Assets Authority to ensure transparency, accountability, and value for money. The Act outlines procurement principles, competitive methods, disposal procedures, and promotes participation by micro, small, and medium enterprises. It also includes compliance mechanisms, conflict-of-interest safeguards, and administrative review processes