Overview

As an entity that is coming under the direct purview of the Central Bank of Sri Lanka, LankaClear follows a similar process to the Government Procurement Procedure. By doing so, LankaClear expects to ensure an efficient, transparent, effective and timely procurements, while maintaining the highest standards of compliance and integrity throughout the process in keeping with good governance.

How we buy

Competitive Bidding (CB)

The Competitive Bidding procedure is followed in large and complex procurements of Goods, Works and Services.

Limited Bidding (LB)

LankaClear follows the Limited Bidding procedure specially when procuring smaller value items which are specialized in nature, directly inviting a pre-selected list of suppliers / contractors or service providers, often the registered suppliers of LankaClear.

Shopping / Quotations

LankaClear follows the ‘Shopping’ procurement method for procuring of;

  1. Readily available off the shelf Goods of small value;
  2. Small value commodities for which specifications are standard; and
  3. Small value Works or Services.

Direct Contracting / Single Source

LankaClear resorts to Direct contracting or procurement of Goods/Services or Works from a single source under special circumstances such as when there is no other suppliers who provide similar services etc.

Register with LankaClear as a supplier

Link
Registration Of Suppliers For The Years 2018/2019
Specimen Application Form
Specimen non disclosure Agreement
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