What’s Behind the Government’s About-Face on Unsolicited Proposals?

The government under President Dr Mohamed Muizzu reinstated a policy allowing private sector proposals for development projects, just three weeks after annulling a similar policy by former President Ibrahim Mohamed Solih’s administration. This reintroduces elements of the Unsolicited Proposals Policy (USP Policy) under the Public Finance Regulations. The Ministry of Finance now oversees the process with a three-stage evaluation system, similar to the previous policy. However, the new amendment allows for direct awarding of works under specific circumstances, raising concerns about competition and transparency. Observers criticize the reversal as hypocritical, potentially undermining investor confidence. The shift from the Ministry of Economic Development to the Ministry of Finance signals a change in oversight, but the lack of procedural differences questions the rationale. The article emphasizes the need for fair competition, transparency, and public interest in contract awards.

The government under President Dr Mohamed Muizzu reinstated a policy allowing private sector proposals for development projects, just three weeks after annulling a similar policy by former President Ibrahim Mohamed Solih’s administration. This reintroduces elements of the Unsolicited Proposals Policy (USP Policy) under the Public Finance Regulations. The Ministry of Finance now oversees the process with a three-stage evaluation system, similar to the previous policy. However, the new amendment allows for direct awarding of works under specific circumstances, raising concerns about competition and transparency. Observers criticize the reversal as hypocritical, potentially undermining investor confidence. The shift from the Ministry of Economic Development to the Ministry of Finance signals a change in oversight, but the lack of procedural differences questions the rationale. The article emphasizes the need for fair competition, transparency, and public interest in contract awards.

The government under President Dr Mohamed Muizzu reinstated a policy allowing private sector proposals for development projects, just three weeks after annulling a similar policy by former President Ibrahim Mohamed Solih’s administration. This reintroduces elements of the Unsolicited Proposals Policy (USP Policy) under the Public Finance Regulations. The Ministry of Finance now oversees the process with a three-stage evaluation system, similar to the previous policy. However, the new amendment allows for direct awarding of works under specific circumstances, raising concerns about competition and transparency. Observers criticize the reversal as hypocritical, potentially undermining investor confidence. The shift from the Ministry of Economic Development to the Ministry of Finance signals a change in oversight, but the lack of procedural differences questions the rationale. The article emphasizes the need for fair competition, transparency, and public interest in contract awards.

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