The Cabinet Committee on Government Purchase (CCGP) on Wednesday approved the procurement of 10,000 tonnes of sugar at a total cost of Tk 1.0345 billion (Tk 103.45 crore) through an open tender process under the Ministry of Commerce.
The committee recommended awarding both contracts to Meghna Sugar Refinery Ltd following the submission of procurement proposals through the electronic government procurement (e-GP) system.
Under the first proposal, the committee recommended purchasing 5,000 tonnes of sugar in 50-kg sacks at a cost of Tk 514.75 million (Tk 51.475 crore), including VAT and taxes. The price was set at Tk 102.95 per kg.
Under the second proposal, another 5,000 tonnes of sugar will be purchased at a cost of Tk 519.75 million (Tk 51.975 crore), including VAT and taxes, at a price of Tk 103.95 per kg.
The combined procurement will cost Tk 1.0345 billion (Tk 103.45 crore), with an average price of Tk 103.45 per kg.
Finance Minister Amir Khosru Mahmud Chowdhury presided over the CCGP meeting.
Financial Mirror/AH
