{"id":605289,"date":"2018-12-27T04:23:24","date_gmt":"2018-12-27T04:23:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/27\/egypt-smes-to-get-sharper-teeth-to-bid-for-tenders-under-new-legislation\/"},"modified":"2018-12-27T04:23:24","modified_gmt":"2018-12-27T04:23:24","slug":"egypt-smes-to-get-sharper-teeth-to-bid-for-tenders-under-new-legislation","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/27\/egypt-smes-to-get-sharper-teeth-to-bid-for-tenders-under-new-legislation\/","title":{"rendered":"Egypt SMEs to get sharper teeth to bid for tenders under new legislation"},"content":{"rendered":"

<\/a> LEGISLATION WATCH- SMEs to get leg up in public tenders: <\/b>SMEs will get priority treatment and a 20% quota of government tenders under the anticipated Public Contracts Act, according to a Finance Ministry statement<\/a>. The new legislation will also exclude SMEs the requirement to submit financial guarantees with their bids under some state tender contracts and make the eligible for advance payments in the event they win a tender.<\/p>\n

Background: <\/b>The legislation passed the House of Representatives this past July and, at the time, Finance Minister Mohamed Maait said we should expect the executive regulations to be out in six months\u2019 time. The act aims to decentralize and streamline government tenders as well as support SMEs and entrepreneurship.<\/p>\n","protected":false},"excerpt":{"rendered":"

LEGISLATION WATCH- SMEs to get leg up in public tenders: SMEs will get priority treatment and a 20% quota of government tenders under the anticipated Public Contracts Act, according to a Finance Ministry statement. The new legislation will also exclude SMEs the requirement to submit financial guarantees with their bids under some state tender contracts […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[7097,72,180,100,343,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-605289","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-development","tag-enterpriseam","tag-legislation","tag-policy","tag-regulation","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"5c30d648-c0f4-4bf4-90ed-af4f3b90f0d8","order":"0","is_powered_by":true,"section_story_id":"b6190dc0-e035-4ebe-8c1f-ca3a34866179","story_type":"1","photo_url":"","photo_position":"above","related_issue":[605278],"teaser":"","voice_url":""},"yoast_head":"\nEgypt SMEs to get sharper teeth to bid for tenders under new legislation - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/27\/egypt-smes-to-get-sharper-teeth-to-bid-for-tenders-under-new-legislation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt SMEs to get sharper teeth to bid for tenders under new legislation\" \/>\n<meta property=\"og:description\" content=\"LEGISLATION WATCH- SMEs to get leg up in public tenders: SMEs will get priority treatment and a 20% quota of government tenders under the anticipated Public Contracts Act, according to a Finance Ministry statement. The new legislation will also exclude SMEs the requirement to submit financial guarantees with their bids under some state tender contracts […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/27\/egypt-smes-to-get-sharper-teeth-to-bid-for-tenders-under-new-legislation\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-27T04:23:24+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/27\/egypt-smes-to-get-sharper-teeth-to-bid-for-tenders-under-new-legislation\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/27\/egypt-smes-to-get-sharper-teeth-to-bid-for-tenders-under-new-legislation\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt SMEs to get sharper teeth to bid for tenders under new legislation\",\"datePublished\":\"2018-12-27T04:23:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/27\/egypt-smes-to-get-sharper-teeth-to-bid-for-tenders-under-new-legislation\/\"},\"wordCount\":130,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"development\",\"EnterpriseAM\",\"legislation\",\"policy\",\"regulation\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/27\/egypt-smes-to-get-sharper-teeth-to-bid-for-tenders-under-new-legislation\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/27\/egypt-smes-to-get-sharper-teeth-to-bid-for-tenders-under-new-legislation\/\",\"name\":\"Egypt SMEs to get sharper teeth to bid for tenders under new legislation - 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