The Local Content and Government Procurement Authority works in coordination and integration with partners in the initiative to localize operation and maintenance contracts in public entities to develop local content in the operation and maintenance sector and increase the local impact achieved from the sector, as the Authority works to apply the local content requirements and mechanisms included in the new government tenders and procurement system.
The Local Content and Government Procurement Authority works to apply the local content requirements and mechanisms included in the new government tenders and procurement system.
The application of local content mechanisms has been limited to more than 100 government competitions in the operation and maintenance sector with an estimated cost of more than SAR 19 billion, which in turn will have an impact on motivating companies operating in this sector to pay more attention to attracting national cadres and purchasing national goods, in addition to paying attention to training national cadres and investing in them optimally, which reflects the integration between local content preference mechanisms and efforts to localize the operation and maintenance sector.
The six partners in the initiative, represented by the Ministry of Human Resources and Social Development, the Ministry of Finance, the Spending Efficiency and Government Projects Authority, the Human Resources Development Fund, the Technical and Vocational Training Corporation and the Local Content and Government Procurement Authority, provide a number of incentives, enablers and support programs to enterprises operating in the operation and maintenance sector targeted in the Emiratization program, in order to contribute to developing and improving the work environment in the sector, supporting it to grow and expand in attracting national cadres, in addition to implementing programs to support the rehabilitation and empowerment of employees.
The initiative aims to provide attractive job opportunities for nationals in the sector, improve the work environment in the sector to attract national cadres, stimulate the growth of the sector and enhance its role and participation in economic development, in addition to contributing to achieving the goals of Saudi Vision 2030 in raising the level of participation of Saudis in the labor market.
The initiative aims to provide attractive job opportunities for male and female nationals in the sector.
The Local Content and Government Procurement Authority was established by royal decree in December 2018, and its Board of Directors is chaired by His Excellency the Minister of Industry and Mineral Resources, Mr. Bandar bin Ibrahim Al-Khorayef, and aims to develop local content in all its components at the level of the national economy, and to upgrade and follow up on government procurement work in accordance with applicable laws and regulations.The Authority was assigned a set of responsibilities and tasks translated into 6 strategic functions, starting with the formulation of policies and regulations by following up on regulations, analyzing them and proposing changes to them to ensure the achievement of the Authority's objectives, proposing and studying draft regulations, formulating and developing policies and regulations and proposing them for adoption, developing local content by supporting activities that aim to develop the supply of local goods and services and cooperating with the private sector to enhance local content in addition to assessing local supply and setting targets to increase potential.
The Authority aims to develop local content with all its components at the level of the national economy, and to improve the work of government procurement in accordance with the regulations and regulations in force.
The Authority follows up on compliance and implementation to ensure that local content requirements across the government sector are effectively implemented and follow up on local content within the businesses of state-owned companies and entities, enable regulatory tools and follow up on the implementation of localization and knowledge transfer agreements, manage government demand to ensure analysis and inventory of demand forecasts for products and services, support business decisions and implementation to identify local content development opportunities, maximize the benefit from government procurement, support the application of contracting methods such as localization, knowledge transfer, economic participation, and economic participation, and so on.
The Authority works on business intelligence by collecting, maintaining and analyzing data to support procurement and local content development processes, and raises awareness of the concept of local content by providing experts and training services to ensure effective implementation of procurement and local content regulations.
The Authority works on local content awareness by providing experts and training services to ensure effective implementation of procurement and local content regulations.
