Public Procurement and Disposal of Public Property Act, 2015 (No. 1 of 2015). Country/Territory Trinidad and Tobago Document type Legislation Date 2015 Source FAO, FAOLEX Original source Legal Supplement Part A to the “Trinidad and Tobago Gazette”, Vol. 54, No. 4, 15th January, 2015. Long titleAn Act to provide for public procurement, and for the retention and disposal of public property, in accordance with the principles of good governance, namely accountability, transparency, integrity and value for money, the establishment of the Office of Procurement Regulation, the repeal of the Central Tenders Board Act, Chap. 71:91 and related matters. Subject Land & soil, General Keyword Framework law Public land Transfer Legal proceedings/administrative proceedings Geographical area Americas, Caribbean, Latin America and the Caribbean, North Atlantic, Small Island Developing States Abstract This Act provides for certain aspects relating to disposal of public property and other matters relating to public asset management. The objects of this Act are to promote— (a) the principles of accountability, integrity, transparency and value for money; (b) efficiency, fairness, equity and public confidence; and (c) local industry development, sustainable procurement and sustainable development, in public procurement and the disposal of public property. “Public property” means real or personal property owned by a public body. “Disposal of public property” includes the transfer without value, sale, lease, concession, or other alienation of property that is owned by a public body. A public body shall carry out public procurement and the disposal of public property in a manner that is consistent with the objects of this Act. Full text English Website www.finance.gov.tt References - Legislation Amended by Public Procurement and Disposal of Public Property (Amendment and Validation) Act, 2023 (No. 13 of 2023). Legislation | Trinidad and Tobago | 2023 Keyword: Procedural matters Source: FAO, FAOLEX Public Procurement and Disposal of Public Property (Amendment) Act, 2020 (No. 27 of 2020). Legislation | Trinidad and Tobago | 2020 Keyword: Fraud, Offences/penalties Source: FAO, FAOLEX Public Procurement and Disposal of Public Property (Amendment) Act, 2016 (No. 5 of 2016). Legislation | Trinidad and Tobago | 2016 Keyword: Public land, Transfer Source: FAO, FAOLEX Public Procurement and Disposal of Public Property (Amendment) Act, 2017 (No. 3 of 2017). Legislation | Trinidad and Tobago | 2017 Keyword: Public land, Transfer Source: FAO, FAOLEX