New Information Technology System for PanamaCompra
With an investment of $3 million, the State’s Director of Procurements intends to launch PanamaCompra version 2.0 by mid-2009.
Tuesday, April 7, 2009
Since its implementation 27 months ago, there have been over 180 thousand procurements in which some 13 thousand companies participated for an amount over $2.2 billion.
The new version of "Panama Compra", to be available shortly, will allow suppliers to submit electronic proposals.
From December 2006 to May 2009, there were 204,516 contracts awarded through the www.panamacompra.gob.pa website.
The country will adopt the South Korean online purchase system which allows all the paperwork to be completed electronically.
The company is looking to offer more security and guarantee to system user and to make progress in automating the government purchase cycle.
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