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Presented by WONG CHIAN VOEN Making Business Sense of the US-Singapore Free Trade Agreement Singapore, December 4, 2003

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OpportunitiesMarket accessEligibilityEntitiesTypes of contractsProtectionsMinimum level of market accessNational treatme - PowerPoint PPT Presentation


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Government Procurement. Presented by WONG CHIAN VOEN Making Business Sense of the US-Singapore Free Trade Agreement Singapore, December 4, 2003. Government Procurement Market. US Government Procurement Federal Total number of contracts = 8.65 million

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Presentation Transcript
slide1

Government Procurement

Presented by

WONG CHIAN VOEN

Making Business Sense of

the US-Singapore Free Trade Agreement

Singapore, December 4, 2003

slide2

Government ProcurementMarket

  • US Government Procurement
    • Federal
      • Total number of contracts = 8.65 million
      • Total value of contracts = US$ 250.19 billion
    • State
  • Singapore Government Procurement
    • Central
      • Estimated total value of contracts = S$ 10 billion
slide3
Opportunities

Market access

Eligibility

Entities

Types of contracts

Protections

Minimum level of market access

National treatment

Non-discrimination

USSFTA

slide4
Who can supply to US government entities?

“Singapore” suppliers

Singapore national or a company incorporated and has substantial business operations in Singapore

Goods supplied must be “Singaporean”

Who can supply to Singapore government entities?

“US” suppliers

US national or a company incorporated and has substantial business operations in US

Goods supplied must be “US”

Opportunities

slide5
What US government entities can Singapore companies supply to?

Federal = 97 executive departments & agencies

State = selected entities in 37 states

Other entities = 6

What Singapore government entities can US companies supply to?

Central = 23 entities

Other entities = 24

Opportunities

slide6
What types of US government contracts are open to Singapore suppliers?

Contracts above specified values

Specific types of goods and services

Opportunities

slide7
What types of Singapore government contracts are open to US suppliers?

Contracts above specified values

Specific types of goods and services

Opportunities

slide8
What are the “extras” offered under the USSFTA?

Can bid for contracts below 130,000 SDR (US$ 181,643 or S$ 321,509)

WTO Government Procurement Agreement

Compete on equal footing with suppliers from 27 other countries for contracts above 130,000 SDR

Opportunities

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Minimum Market Access

Guarantee

National Treatment

Given treatment no less favorable than domestic companies

Non-Discrimination

Cannot be discriminated on basis of degree of foreign ownership or affiliation

Protections

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Transparency

Procurement process must be transparent

Meet minimum requirements

Challenge

In court

Impartial and independent body subject to judicial review

Protections

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