Gvt Introduces Standard Price List to Curb Public Procurement Costs

The government has introduced a National Standard Price List (NSPL) aimed at guiding the purchase of commonly used goods and services across public institutions. Officials say the move is designed to address price disparities that have been recorded across different government institutions. “This measure has been introduced to guarantee value for money in public spending by addressing price inconsistencies across MDAs and enhancing control over public expenditures,” the ministry said.

Authorities say the pricing framework is also expected to improve efficiency and transparency in the use of public funds. “The implementation of the NSPL is expected to enhance cost savings, transparency, and efficiency in public procurement, thereby supporting national development priorities,” said the ministry. The government said the policy forms part of wider reforms to improve public financial management. These include the rollout of the electronic Government Procurement system, alongside strengthened financial oversight and improved budget management mechanisms.