Contracting gets overhaul (opens original article in a new tab)

Thailand's government is overhauling public procurement law to prioritize project quality and value over lowest bids, aiming to reduce delays and improve transparency. Key changes include emphasizing lifecycle costs, contractor reliability, and stricter anti-corruption measures. The reforms also seek to curb misuse of procurement appeals and enhance enforcement against problematic contractors.

• Government overhauls public procurement law to move away from lowest-bid contracting
• Amendments emphasize project quality, lifecycle costs, and contractor reliability over lowest price
• New provisions aim to reduce project delays and prevent misuse of procurement appeals
• Stricter anti-corruption measures introduced for public procurement bidders