Kenya : KICC suppliers paying heavy price for flawed Sh1.9b procurement tenders - News Summed Up

Kenya : KICC suppliers paying heavy price for flawed Sh1.9b procurement tenders


A case in point is one where KICC management issued a contract for refurbishment of 24 toilets valued at Sh24 million. While the services were granted and supplies delivered, directors at KICC say they cannot settle illegal and non-binding contracts. At the same time, suppliers named in the transactions are fighting with banks for settlement of loans following a decision by the KICC board of directors to nullify the contracts. Directors at KICC have since declared the tender won by Ms Munyiva and other companies were illegally awarded and stopped settlement. Her firm, Greenstar System, is in a predicament shared by several other suppliers whose businesses are being ruined by irregular procurement guidelines.


Source: Standard Digital July 09, 2016 18:00 UTC



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