According to the VI Public Finance Management Regulation 2005, goods or services or construction works, value equal to one hundred thousand dollars (US $100,000) or greater are procured via public tender process.

Process

Step 1:  Pay fee (cash, money order or bank draft) at the Procurement Unit and collect the tender document.

Step 2:  Return completed tender document.

Step 3:  All tenders are open in the presence of the Central Tenders Board (CTB) (see Tender Notice for date, time and place).

Step 4:  Evaluation of tender documents by the CTB Technical Sub-committee.

Step 5:  Tenderer is notified if successful or not.

Step 6:  The signing of contract by successful tenderer.

Supporting Documents

Basic Requirements:

  • Certificate of Good Standing (from SSB & Inland Revenue, Company Registry)
  • Trade Licence(s)

Method of Applying

In Person, in Writing, and Email

Turn Around Time

3 Months

Additional Notes

The fees for this service varies, based on project size.

 

Department Contact Information

Ministry of Finance

Ministry of Finance
33 Admin Drive
Road Town, Tortola
Virgin Islands (British) VG1110

Business Hours:

Monday - Friday  
8:30 a.m. to 4:30 p.m.

Email Address: finance@gov.vg

Telephone: 1(284) 468-2144
Fax: 1(284) 468-3299