BRIDGETOWN, Barbados – The Caribbean Disaster Emergency Management Agency (CDEMA), with support from the Caribbean Development Bank (CDB), has developed, and will implement new procurement and contract management procedures to facilitate a more streamlined and efficient use of their resource pool, including disaster management funds.
After conducting a routine assessment of its operations, geared toward the continual improvement of financial management practices, a number of recommendations for improving the Unit’s procurement system were identified. Updating the existing procurement manual to address gaps related to procurement and contract management was among the suggestions.
CDB’s support included providing training and financing consultancy services to prepare a procurement and contract management manual that will act as a practical guide to CDEMA’s staff. The new procurement and contract management framework was presented to participants from 13 of CDEMA’s 18 Participating States on March 7 during a one-day workshop at the Bank.