Functions of the Board

The Board shall, in respect of major contracts:

1. establish appropriate internal procedures for the operations of the Board and ensure the compliance with them;
2. vet bidding documents and notices submitted to it by public bodies;
3. receive and publicly open bids;
4. select persons from a list of qualified and independent evaluators maintained by it to act as members of a bid evaluation committee and oversee the examination and evaluation of bids; and
5. review the recommendations of a bid evaluation committee and
   1. approve the award of the contract; or
   2. require the evaluation committee to make a fresh or further evaluation on specified grounds.

The Board shall strive to achieve the highest standards of transparency and equity in the execution of its duties, taking into account;

1. the evaluation criteria and methodology disclosed in the bidding documents;
2. the qualification criteria and methodology disclosed in the bidding documents;
3. equality of opportunity to all bidders;
4. fairness of treatment to all parties;
5. the need to obtain the best value for money in terms of price, quality and delivery, having regard to set specifications; and
6. transparency of process and decisions. The Board shall have such powers, and exercise such functions, as may be assigned to it under any other enactment.