[Opinion] Feds tighten grip on consultant contracts with new procurement rules, $20M cap on time-based work

Feds tighten grip on consultant contracts with new procurement rules, $20M cap on time-based work

New procurement rules include a $20-million limit on time- and task-based contracts, stricter oversight, and mandatory value-for-money reviews.

Procurement rules: govt seeks Law Ministry’s views on SIFC powers

ISLAMABAD: The government has sought the Law Ministry’s opinion on whether the powers of the Special Investment Facilitation Council (SIFC) take precedence over the Public Procurement Rules in the hiring of consulting firms, sources close to the Secretary of Commerce told Business Recorder. This move follows a summary submitted by the Ministry of Commerce seeking to hire M/s Haider Global BVBA, a lobbying firm, to assist in the extension of Paki…