Unbundling contracts
Business
Legal
Politics
November 6, 2026
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Nov 06, 2026 Editorial, News
(Kaieteur News) – The Local Content Act was supposed to be a vehicle through which Guyanese businesses could secure a meaningful share of the opportunities generated by the country’s burgeoning oil and gas industry. Yet, years after its enactment, local companies are still confronting barriers that threaten to undermine the very objectives of the legislation.
Related coverageGuyana Considers Local Content Act Changes to Open Oil Contracts to Businesses4 reports
One such barrier is the practice of bundling multiple procurement opportunities into single contracts, effectively shutting out businesses that may have the competence to perform some, but not all, of the services being requested.
Business
Legal
Politics
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