{"id":636161,"date":"2017-12-21T03:53:18","date_gmt":"2017-12-21T03:53:18","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/21\/house-budget-committee-begins-discussing-auctions-and-tenders-act\/"},"modified":"2017-12-21T03:53:18","modified_gmt":"2017-12-21T03:53:18","slug":"house-budget-committee-begins-discussing-auctions-and-tenders-act","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/21\/house-budget-committee-begins-discussing-auctions-and-tenders-act\/","title":{"rendered":"House Budget Committee begins discussing Auctions and Tenders Act"},"content":{"rendered":"

The House of Representatives\u2019 Budget Committee has begun reviewing the Auctions and Tenders Act on Wednesday, committee member Silvia Nabil tells Al Mal<\/a>. The bill, which was overhauled by the Finance Ministry back in July, would decentralize tender procedures and streamline the selection process for winning bids. It will also promote two-stage tenders to give the government more options when choosing contractors and suppliers, while also curbing spending by placing restrictions on the amount bodies can pay out in a tender.<\/p>\n","protected":false},"excerpt":{"rendered":"

The House of Representatives\u2019 Budget Committee has begun reviewing the Auctions and Tenders Act on Wednesday, committee member Silvia Nabil tells Al Mal. The bill, which was overhauled by the Finance Ministry back in July, would decentralize tender procedures and streamline the selection process for winning bids. It will also promote two-stage tenders to give […]<\/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":[9344],"tags":[72,2375],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-636161","post","type-post","status-publish","format-standard","hentry","category-legislation-policy","tag-enterpriseam","tag-legislation-policy","wpautop","entry"],"acf":{"mongo_id":"e798e091-7185-48d4-bfa7-d96acb9ca1ec","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[636122],"teaser":"","voice_url":""},"yoast_head":"\nHouse Budget Committee begins discussing Auctions and Tenders Act - 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\/2017\/12\/21\/house-budget-committee-begins-discussing-auctions-and-tenders-act\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"House Budget Committee begins discussing Auctions and Tenders Act\" \/>\n<meta property=\"og:description\" content=\"The House of Representatives\u2019 Budget Committee has begun reviewing the Auctions and Tenders Act on Wednesday, committee member Silvia Nabil tells Al Mal. The bill, which was overhauled by the Finance Ministry back in July, would decentralize tender procedures and streamline the selection process for winning bids. It will also promote two-stage tenders to give […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/21\/house-budget-committee-begins-discussing-auctions-and-tenders-act\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-21T03:53:18+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/21\/house-budget-committee-begins-discussing-auctions-and-tenders-act\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/21\/house-budget-committee-begins-discussing-auctions-and-tenders-act\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"House Budget Committee begins discussing Auctions and Tenders Act\",\"datePublished\":\"2017-12-21T03:53:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/21\/house-budget-committee-begins-discussing-auctions-and-tenders-act\/\"},\"wordCount\":90,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Legislation + Policy\"],\"articleSection\":[\"Legislation + Policy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/21\/house-budget-committee-begins-discussing-auctions-and-tenders-act\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/21\/house-budget-committee-begins-discussing-auctions-and-tenders-act\/\",\"name\":\"House Budget Committee begins discussing Auctions and Tenders Act - 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The House Budget Committee is reportedly completing its review on the law, which would decentralize tender procedures and streamline the selection process for winning bids as well\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634610,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/18\/house-planning-committee-to-complete-its-review-of-auctions-and-tenders-act-in-february\/","url_meta":{"origin":636161,"position":1},"title":"House Planning Committee to complete its review of Auctions and Tenders Act in February","author":"enterpriseam admin","date":"18 January 2018","format":false,"excerpt":"The House of Representatives\u2019 Planning and Budgeting Committee will likely complete its review of the Auctions and Tenders Act around mid-February, committee deputy head Yasser Omar tells Al Mal. The committee has finished reviewing the majority of the legislation, and is prioritizing it over the coming few weeks due to\u2026","rel":"","context":"In "Legislation + Policy"","block_context":{"text":"Legislation + Policy","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-policy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596734,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/07\/finance-ministry-completes-executive-regs-for-public-contracts-act\/","url_meta":{"origin":636161,"position":2},"title":"Finance Ministry completes executive regs for Public Contracts Act","author":"enterpriseam admin","date":"7 July 2019","format":false,"excerpt":"LEGISLATION WATCH- The Finance Ministry has completed the executive regulations of the Public Contracts Act and will send them to Cabinet for review, Youm7 reports. The new regulations aim to promote fair competition for government tenders, increase interest, and improve the transparency of the bidding process. The regulations lengthen the\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":631553,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/21\/tenders-and-auctions-act-income-tax-amendments-to-go-to-plenary-session-in-april\/","url_meta":{"origin":636161,"position":3},"title":"Tenders and Auctions Act, Income Tax amendments to go to plenary session in April","author":"enterpriseam admin","date":"21 March 2018","format":false,"excerpt":"LEGISLATION WATCH- The House of Representatives will discuss the Tenders and Auctions Act in a plenary session when it reconvenes in April, Planning and Budgeting Committee chair Hussein Issa tells Al Mal. The committee will put its \u201cfinal touches\u201d on the bill after the March presidential elections before it moves\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":626476,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/03\/tenders-and-auctions-act-gets-renamed-as-public-contracts-act-after-receiving-preliminary-nod-from-parliaments-general-assembly\/","url_meta":{"origin":636161,"position":4},"title":"Tenders and Auctions Act gets renamed as Public Contracts Act after receiving preliminary nod from Parliament\u2019s general assembly","author":"enterpriseam admin","date":"3 July 2018","format":false,"excerpt":"LEGISLATION WATCH- Tenders and Auctions Act gets renamed as Public Contracts Act, gets preliminary nod from House GA: Parliament preliminarily approved the Tenders and Auctions Act during a plenary session yesterday, Al Shorouk reports. 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