Sri Lanka Tenders

Electronic Government Procurement (eGP) System: This online platform facilitates tender publication by government agencies and bid submission by suppliers, offering additional features like supplier registration and document management.
Procurement Notices Website: This website serves as a central repository for current tenders and procurement notices, enabling suppliers to easily identify relevant opportunities.
GlobalTenders aggregates tenders from Sri Lanka's official, authorities and agencies websites, newspapers, journals and magazines. With artificial intelligence and machine learning the data is authenticated, segregated and reorganized to make thousands of Sri Lanka Tenders easily searchable on a single platform.

All companies and individuals who are capable of fulfilling the requirements can potentially bid on Sri Lanka tenders. There might be additional restrictions based on domicile, experience and qualifications depending on the project's nature and complexity.

Top products and Services Procured by the Sri Lanka Government through Tenders
The Sri Lankan government's procurement activities encompass a wide range of products and services, with the following categories representing the top:
Construction and Infrastructure: This domain encompasses the procurement of materials, equipment, and services for infrastructure projects such as roads, bridges, and buildings.
Goods and Supplies: This category covers the procurement of everyday items, including office supplies, stationery, and medical supplies.
IT and Telecommunications: The government procures IT hardware, software, and telecommunications services to support its operations and connectivity needs.
Services: This broad category encompasses a wide range of services, including consultancy services, professional services, and maintenance services.
Pharmaceuticals and Medical Devices: The government procures pharmaceuticals, medical equipment, and supplies to ensure access to quality healthcare.
Consultancy Services: The government engages consultants to provide expert advice and support in various areas, such as project management, financial analysis, and legal counsel.
Energy and Utilities: The government procures energy sources, electricity, and utilities to power its facilities and infrastructure.

The exact eligibility criteria vary with each Sri Lanka tender, but some common requirements include:

• past experience
• minimum revenue
• legal status
• technical expertise
• financial stability
• ethical conduct

The legal framework governing public procurement in Sri Lanka is established by the Public Procurement Act, No. 33 of 2003. This Act outlines the principles of transparency, competition, and value for money, guiding the procurement process.
To supplement the Act, a comprehensive set of regulations and guidelines provide detailed guidance on procurement procedures. These include:
Procurement Manual: This manual provides in-depth instructions on procuring goods, services, and works.
Guidelines on Private Sector Infrastructure Projects: These guidelines outline the procurement process for private sector infrastructure projects.
Guidelines for Procurement of Pharmaceuticals & Medical Devices - 2022: These guidelines specifically address the procurement of pharmaceuticals and medical devices.

The Sri Lankan tender market is estimated to be worth around US$10 billion annually, making it one of the largest in South Asia. This substantial size reflects the country's active infrastructure development efforts and its growing demand for various goods and services.

Bidding for tenders in Sri Lanka is extremely lucrative for companies of all sizes. Sri Lanka tendering authorities release contracts for most of the products and services procured by them benefitting small, medium and large enterprises. A few of the benefits of bidding on Sri Lanka tenders are -
Guaranteed income
Steady work
reputational boost
high value projects
expanding client base
upskilling and innovation

The Sri Lankan tender market is evolving in response to changing priorities and technological advancements. Key emerging trends include:
Sustainability Focus: Environmental considerations are gaining prominence, influencing procurement decisions towards sustainable products and services.
Electronic Procurement Adoption: The use of electronic procurement platforms is increasing, streamlining the tendering process and enhancing efficiency.
Emphasis on Innovation: Procurement strategies are emphasizing innovation and value for money, seeking solutions that deliver both cost-effectiveness and enhanced outcomes.

Tags - Sri Lanka tenders, Sri Lanka bids, Sri Lanka RFP, Sri Lanka EOI, Sri Lanka tender awards, Sri Lanka municipal tenders.