AIRLINK 217.98 No Change ▼ 0.00 (0%)
BOP 10.93 No Change ▼ 0.00 (0%)
CNERGY 7.55 No Change ▼ 0.00 (0%)
FCCL 34.83 No Change ▼ 0.00 (0%)
FFL 19.32 No Change ▼ 0.00 (0%)
FLYNG 25.15 No Change ▼ 0.00 (0%)
HUBC 131.09 No Change ▼ 0.00 (0%)
HUMNL 14.56 No Change ▼ 0.00 (0%)
KEL 5.18 No Change ▼ 0.00 (0%)
KOSM 7.36 No Change ▼ 0.00 (0%)
MLCF 45.63 No Change ▼ 0.00 (0%)
OGDC 222.08 No Change ▼ 0.00 (0%)
PACE 8.16 No Change ▼ 0.00 (0%)
PAEL 44.19 No Change ▼ 0.00 (0%)
PIAHCLA 17.69 No Change ▼ 0.00 (0%)
PIBTL 8.97 No Change ▼ 0.00 (0%)
POWERPS 12.51 No Change ▼ 0.00 (0%)
PPL 193.01 No Change ▼ 0.00 (0%)
PRL 43.17 No Change ▼ 0.00 (0%)
PTC 26.63 No Change ▼ 0.00 (0%)
SEARL 107.08 No Change ▼ 0.00 (0%)
SILK 1.04 No Change ▼ 0.00 (0%)
SSGC 45.00 No Change ▼ 0.00 (0%)
SYM 21.19 No Change ▼ 0.00 (0%)
TELE 10.15 No Change ▼ 0.00 (0%)
TPLP 14.51 No Change ▼ 0.00 (0%)
TRG 67.28 No Change ▼ 0.00 (0%)
WAVESAPP 11.29 No Change ▼ 0.00 (0%)
WTL 1.70 No Change ▼ 0.00 (0%)
YOUW 4.25 No Change ▼ 0.00 (0%)
BR100 12,191 Decreased By -205.8 (-1.66%)
BR30 36,583 Decreased By -764.3 (-2.05%)
KSE100 116,255 Decreased By -1331.9 (-1.13%)
KSE30 36,603 Decreased By -461.7 (-1.25%)

ISLAMABAD: The Competition Commission of Pakistan (CCP) and the Public Procurement Regulatory Authority (PPRA) have signed an addendum to their existing Memorandum of Understanding (MoU) to enhance cooperation in sharing and exchanging information, specifically related to the E-Pak Acquisition & Disposal System (e-PADS).

This collaboration will enable both regulators to monitor and prevent collusive practices and rigging in public procurements via the e-PADS platform. The government of Pakistan’s e-procurement system, e-PADS, is administered by PPRA for procurements across all federal government departments and institutions.

The MoU was signed by Dr Kabir Ahmed Sidhu, Chairman of CCP, and Hasnat Ahmed Qureshi, Managing Director of PPRA, during a ceremony held at the CCP Head Office. The event was attended by Salman Amin, Member of CCP, Shahzad Hussain, DG (Advocacy)/Registrar of CCP, Sheikh Afzaal Raza, Project Director (e-PADS), and other senior officers from both PPRA and CCP.

PPRA introduced e-PADS mainly to address inefficiencies and ensuring transparency in public procurements. It is now mandatory for all federal public sector organizations to process their procurements through this system.

Under Section 4(e) of the Competition Act, 2010, the CCP is mandated to take action against collusive tendering or bidding in the procurement of goods or services. Through this collaboration, PPRA will share e-PADS data with CCP to detect and prevent suspicious collusive practices, helping to combat anti-competitive practices and ensure fairness in public procurement.

Dr Kabir Ahmed Sidhu, Chairman CCP, emphasized that this collaboration is a significant step towards ensuring transparency and fairness in public procurements.

The data-sharing initiative will allow for the swift detection and prevention of collusive practices, ensuring that public resources are used effectively. Hasnat Ahmed Qureshi, Managing Director of PPRA, stated that by successfully implementing e-PADS, PPRA is enhancing efficiency and accountability in the procurement process.

Copyright Business Recorder, 2025

Comments

200 characters