finance grenada

The Central Procurement Unit

The Central Procurement Unit (CPU) is established within the Ministry of Finance as the operational arm of the Procurement Board responsible for centralizing procurement processes and ensuring compliance with the Public Procurement Act and Regulations.

Under the authority of the Procurement Board, the CPU serves as a key institution in Grenada’s procurement framework, ensuring that public procurement is conducted efficiently, fairly, and in accordance with the law.

The CPU is responsible for executing the operational functions of the Procurement Board by ensuring transparency, efficiency, and value for money in public procurement.

Roles and Functions

The main functions of the CPU, as outlined in the Public Procurement Regulations, include:

  • Conducting procurement on behalf of procuring entities that do not have their own procurement units.

  • Developing and maintaining records of ad-hoc and planned procurements.

  • Ensuring compliance with established procurement regulations and procedures.

  • Coordinating framework agreements for commonly used goods and services.

  • Enforcing procurement thresholds and reviewing procurement plans submitted by other government entities​.

The CPU also plays a critical role in government procurement by:

Acting as the procurement entity for government departments that are not authorized as independent procuring entities or upon request from such entities.

Preparing annual procurement plans for major expenditure items.

Organizing the procurement of common-use items on behalf of multiple procuring entities.

Assisting in the implementation of procurement policies and the operation of the public procurement system.

Providing advice, support, and training to procurement officers within various government departments​.

Fostering regional procurement collaborations with OECS and CARICOM to benefit from economies of scale.

Through the delegated of the functions of the Procurement Board, the CPU plays a pivotal role in transforming procurement practices in Grenada by:

Centralizing procurement for greater efficiency

Coordinating bulk purchases, framework agreements, and strategic sourcing for government agencies.

Capacity-building

Training procurement officers across ministries to strengthen compliance with procurement regulations.

Ensuring policy alignment

Advising on procurement laws, regulations, and best practices in line with regional and international procurement standards.

Enhancing supplier engagement

Encouraging participation from local businesses, MSMEs, and international firms where necessary.

Promoting Regional Cooperation

Fostering regional integration through procurement collaborations with OECS and CARICOM.

Reforming Public Procurement in Grenada

Under the authority of the Procurement Board, The Central Procurement Unit will play a transformative role in Grenada’s public procurement system over the next five to ten years, integrating modern technology, sustainability initiatives, and enhanced procurement strategies to drive efficiency, transparency, and long-term economic growth.

The CPU aims to strengthen and advance government procurement processes by:

  • Modernizing procurement processes to align with international best practices.
  • Fostering greater competition and supplier diversity in public procurement.
  • Strengthening procurement planning to improve budget execution and service delivery.
  • Enhancing compliance mechanisms to minimize corruption and procurement fraud.
  • Support environmentally and socially responsible procurement policies.