Procurement report flags $3 billion in unfulfilled contracts

Trinbago News Now · 13 September 2026
PUBLIC FINANCE · Source report: 12 September 2026

A procurement regulator’s report tabled in Parliament on Friday identifies approximately $3 billion in unfulfilled contracts reported by public bodies during fiscal 2024/2025. Most were classified as incomplete or delayed. Reported procurement awards totalled $16 billion for that period. The report also highlights weak data quality, limited competition and uneven compliance with reporting requirements. These are findings about contract delivery and oversight; the figures do not establish that $3 billion was stolen. The regulator plans stronger monitoring, audits and enforcement.

This original WACK summary is based on the linked report.

Source report — 12 September 2026

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