Dear Editor,
It may be opportune while government procurement is topical, to remind all stakeholders that the Small Business Act No 2/2004 of the Laws of Guyana (Section 11(1) provides (inter alia), that government shall use its best efforts to ensure that at least twenty per cent of the procurement of its goods and services is obtained from small businesses, annually.
Generally, under the Act, a Small Business is a legal person, that employs no more than 25 persons, has gross annual revenues less than sixty million dollars, and has assets no more than twenty million dollars.
Yours faithfully,
Keith Evelyn
Former Chairman
Small Business Council (Guyana)
