Panama Tenders

PanamaCompra: This is the official website of the Dirección General de Contrataciones Públicas (DGCP), which is the Panamanian government agency responsible for public procurement. PanamaCompra is the central platform for publishing and managing all government tenders.
Gaceta Oficial: This is the official gazette of the Republic of Panama, where all public sector tenders are published.
Lexin (National Registry of Public Procurement): This is a database of all public sector tenders in Panama.
GlobalTenders aggregates tenders from Panama'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 Panama Tenders easily searchable on a single platform.

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

The Top products and services procured by the Panama government through tenders are:
Construction services
Goods and services related to infrastructure development
Information and communication technology (ICT) products and services
Medical and healthcare products and services
Education and training products and services
Energy products and services
Environmental products and services

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

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

Law 22 of 2006: This law establishes the general principles and procedures for public procurement in Panama.
Decree 67 of 2008: This decree regulates the procedures for electronic public procurement.
Technical Specifications Manual: This manual provides guidance on the drafting of technical specifications for public procurement.

The Panaman tender market is estimated to be worth around $5 billion per year.

Bidding for tenders in Panama is extremely lucrative for companies of all sizes. Panama 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 Panama tenders are -
Guaranteed income
Steady work
reputational boost
high value projects
expanding client base
upskilling and innovation

Increased use of electronic procurement: The DGCP is encouraging the use of electronic procurement to make the tendering process more efficient and transparent.
Greater focus on sustainability: The Panaman government is increasingly incorporating sustainability considerations into its tendering processes.
Increased participation of small and medium-sized enterprises (SMEs): The DGCP is taking steps to encourage the participation of SMEs in public procurement.

Tags - Panama tenders, Panama bids, Panama RFP, Panama EOI, Panama tender awards, Panama municipal tenders.