[Source: Kenyan Wall Street, by Mwakaneno Gakweli]
Members of the public are invited to submit comments on a bill which will protect suppliers to government entities from payment delays.
If it passes, the Public Procurement and Asset Disposal Amendment Bill of 2020 will require national and county governments to offer payment guarantees upon awarding tenders.
This will allow suppliers and contractors to collect their payments from the bank within 90 days in case the government fails to settle payments on time…
