As he appealed for small contractors countrywide to tap into the opportunities afforded to them under the laws of Guyana, National Procurement and Tender Administration Board (NPTAB) Chief Executive Officer Arvind Parag says that nearly 80% of government contracts to date have gone to small and medium-sized businesses.
However, he explained that while the percentage number of overall contracts seems much, those contracts only account for about 10% of the overall government spending budget since mega projects account for about 90% of spending.