CD, NE. CD Last Updated Jan ZS, NE. ZS Last Updated Jan Doing Business Doing Business ». Definition Economies are ranked on their ease of doing business, from 1— A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
The rankings are determined by sorting the aggregate distance to frontier scores on 10 topics, each consisting of several indicators, giving equal weight to each topic. Source Doing Business Notes 1 All Doing Business rankings have been recalculated to reflect changes to the methodology and revisions of data due to new information.
Definition The ranking of economies on the ease of trading across borders is determined by sorting their distance to frontier scores for trading across borders Source Doing Business Notes 1 All Doing Business rankings have been recalculated to reflect changes to the methodology and revisions of data due to new information.
Definition Trade assesses how the policy framework fosters trade in goods. Definition LPI Score demonstrate comparative performance—the dimensions show on a scale lowest score to highest score from 1 to 5 relevant to the possible comparison groups—of all countries world , region and income group Source Logistics Performance Index Notes The LPI uses standard statistical techniques to aggregate the data into a single indicator that can be used for cross-country comparisons.
Last Updated Nov Definition LPI ranks countries on six dimensions of trade -- including customs performance, infrastructure quality, and timeliness of shipments -- that have increasingly been recognized as important to development Source Logistics Performance Index Notes The LPI uses standard statistical techniques to aggregate the data into a single indicator that can be used for cross-country comparisons. Total number of products exported by a country at the Harmonized System six digit level in any given year.
Number of countries to whom a particular country exports data in any given year. Total number of products imported by a country at the Harmonized System HS six digit level in any given year. Number of countries from which a particular country imports data in any given year. It is calculated as the number of countries to which the reporter exports a particular product divided by the number of countries that report importing the product that year. Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time.
Imports of goods and services represent the value of all goods and other market services received from the rest of the world. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. United States.
United Kingdom. United Arab Emirates. Saudi Arabia. Raw materials. Intermediate goods. Consumer goods. Capital goods. Principles of procurements. Procuring agencies, while engaging in procurements, shall ensure that the procurements are conducted in a fair and transparent manner, the object of procurement brings value for money to the agency and the procurement process is efficient and economical.
International and inter-governmental commitments of the Federal Government. Whenever these rules are in conflict with an obligation or commitment of. Except where a procuring agency is situated outside the territories of Pakistan and procurements are to be made locally, the procuring agency may use the local language in addition to Urdu or English.
Provided that such use of local language ensures maximum economy and efficiency in the procurement. Integrity pact. Procurements exceeding the prescribed limit shall be subject to an integrity pact, as specified by regulation with approval of the Federal Government, between the procuring agency and the suppliers or contractors.
The procuring agencies may carry out e-procurement process by using information and communication technologies or digital or electronic means, in such manner as to cover any or all aspects of the procurement process, in accordance with the regulations or guidelines to be prescribed by the Authority.
Procurement planning. Within one year of commencement of these rules, all procuring agencies shall devise a mechanism, for planning in detail for all proposed procurements with the object of realistically determining the requirements of the procuring agency, within its available resources, delivery time or completion date and benefits that are likely to accrue to the procuring agency in future.
Limitation on splitting or regrouping of proposed procurement. Save as otherwise provided and subject to the regulation made by the Authority, with the prior approval of the Federal Government, a procuring agency shall announce in an appropriate manner all proposed procurements for each financial year and shall proceed accordingly without any splitting or regrouping of the procurements so planned. The procuring agency shall be responsible to define the parameters of "equivalence"for all participants to procurement process, to ensure transparency.
Approval mechanism. All procuring agencies shall provide clear authorization and delegation of powers for different categories of procurement and shall only initiate procurements once approval of the competent authorities concerned has been accorded. Methods of advertisement. These procurement opportunities may also be advertised in print media, if deemed necessary by the procuring agency:. The advertisement in the newspapers shall principally appear in at least two national dailies, one in English and the other in Urdu.
Response time. All advertisements or notices shall expressly mention the response time allowed for that particular procurement along with the information for collection of bid documents which shall be issued till a given date, allowing sufficient time to complete and submit the bid by the closing date:. Provided that no time limit shall be applicable in case of emergency. However under following circumstances deviation from the requirement is permissible with the prior approval of the Authority,-.
Pre-qualification of suppliers and contractors. Such pre-qualification shall solely be based upon the ability of the interested parties to perform that particular work satisfactorily. Pre-qualification process. Only suppliers or contractors who have been pre-qualified shall be entitled to participate further in the procurement proceedings. Procurement of common use items, services and commodities through framework agreements. Maximum duration of open framework agreements shall not be more than three years and the closed framework agreements shall not exceed one year.
Price adjustment for framework agreements. Qualification of suppliers and contractors. Provided that such qualification shall only be laid down after recording reasons therefore in writing. They shall form part of the records of that procurement proceeding. Disqualification of suppliers and contractors. The procuring agency shall disqualify a supplier or contractor if it finds, at any time, that the information submitted by him concerning his qualification as supplier or contractor was false and materially inaccurate or incomplete.
Blacklisting of suppliers and contractors. However, procuring agency shall initiate such blacklisting or debarment proceedings after exhausting the forum of arbitration, provided that such provision exists in the conditions of contract, and if such failure or breach is covered in the respective dispute settlement clauses of the contract, and. The same shall be publicized by the Authority after examining the record whether the procedure defined in blacklisting and debarment mechanism has been adhered to by the procuring agency.
The decision of the Authority shall be considered as final. Provided that in case of public sector entities, the Board shall have the power to review and examine the case on the basis of evaluations made by the Authority, and decide the case accordingly. This shall however be at the option of respective procuring agency. Principal method of procurement. Save as otherwise provided hereinafter, the procuring agencies shall use open competitive bidding as the principal method of procurement for the procurement of goods, services and works.
Open competitive bidding. Submission of bids. Bidding documents. Where notification of such change, addition, modification or deletion becomes essential, such notification shall be made in a manner similar to the original advertisement.
Provided that bidding documents already in use of procuring agencies may be retained in their respective usage to the extent they are not inconsistent with these rules, and till such time that the standard bidding documents are specified by regulations. Reservations and preference. Bid security. The procuring agency may require the bidders to furnish a fixed amount of bid security not exceeding five percent of the estimated value of procurement determined by the procuring agency:.
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