The value of tenders awarded by the national and county governments in the financial year to June 2024 dropped to a three-year low of Sh204.05 billion amid a cash crunch that forced them to slow down on procurement.
This is based on official data from the Public Procurement Information Portal (PPIP), which shows that the value of the tenders awarded fell by Sh7.49 billion from Sh211.55 billion worth of tenders in the year to June 2023.