Territory reviewing procurement rules for the first time in a decade
Feb 10, 2021
Widespread changes to the N.W.T.’s procurement policies are needed to make things more equitable for northern and Indigenous-led businesses, according to members of the territory’s business community.
The territory, through a third-party review panel, will be reviewing all its procurement policies for the first time in a decade to identify what works, what doesn’t and gather some innovative ideas on how to fix them. The review is also one way the territory is also looking to speed up economic recovery as the COVID-19 pandemic stretches on.
Procurement is the process used by the N.W.T. government to buy and contract goods and services. Since January, the third-party review panel has been conducting online consultation sessions on the policy, with the goal of having a list of recommendations in place sometime this summer.