BAKU, Azerbaijan, January 22. Georgia will
establish a central procurement body to independently carry out
public procurement of certain goods and services in 2026, Trend reports, citing the
country's Department of Government Efficiency.
The reform aims to ensure the transparent and efficient
allocation of public funds, while enabling timely and effective
responses to procurement needs. Under its expanded mandate, the
central procurement body will also oversee the execution of
contracts resulting from centralized procurement procedures.
The estimated annual value of goods and services procured by the
Central Procurement Body is projected to be approximately 2 billion
Georgian lari ($745 million).
Procurement activities will be conducted through consolidated
tenders, with support mechanisms in place to facilitate centralized
procurement at the request of individual procuring entities.
The establishment of the Central Procurement Body is stipulated
under the Law of Georgia on Public Procurement and forms a key
component of the country's obligations within the framework of its
Association Agreement with the European Union.
