Finance minister approves seven new government procurement regulations

According to the Saudi Gazette, Saudi Arabia’s Minister of Finance, Mohammed Al-Jadaan, has officially approved seven new regulations aimed at streamlining government contracting, procurement, and quantity management. These regulatory documents were developed by the Government Expenditure and Projects Efficiency Authority (EXPRO) to serve as a specialized framework for all government entities operating under the Kingdom’s Tenders and Procurement Law.

The new guidelines are intended to provide a unified technical and regulatory reference for state agencies. By standardizing the procedures for identifying procurement needs and preparing tender documentation, the initiative seeks to enhance planning efficiency and ensure greater compliance with national standards. The move is part of a broader effort by the Saudi government to improve the quality of public spending and optimize the efficiency of government projects.

Government entities are now required to utilize these new regulations when drafting procurement specifications and tender documents. By providing a centralized set of procedures, the framework is expected to significantly reduce the time and administrative burden associated with the procurement process. This development reflects the ongoing efforts of the EXPRO to modernize public sector operations and foster transparency in government expenditure.