Categories: Trinidad and Tobago

Trinidad and Tobago: Minister Urged to Support Small Contractors in Trinidad and Tobago

This report covers trinidad tobago: minister urged with key details and context.

A recent review of the draft estimates for the 2026 development programme in Trinidad and Tobago indicates that the United National Congress (UNC) has allocated $187 million to the Ministry of Works and Infrastructure’s Infrastructural Development Fund (IDF). This allocation is viewed as a significant investment towards the country’s national development.

However, concerns have been raised regarding the equitable distribution of construction contracts associated with this funding. Richard Ramcharitar, a resident of Penal, has urged Minister Jearlean John to ensure that micro and small contractors are given fair opportunities to participate in government contracts. He highlighted that medium and large contractors often dominate these opportunities, which can marginalize smaller businesses that are crucial to local economies.

Ramcharitar pointed out that in the United States, the government has established procurement goals to ensure that a fair proportion of contract dollars are allocated to small businesses. He emphasized that micro-enterprises, typically defined as businesses with fewer than ten employees, provide specialized services but often struggle to compete for government contracts due to various challenges.

In his appeal, Ramcharitar called for the implementation of clear set-asides and support mechanisms within the ministry’s procurement processes. He believes that doing so would not only ensure that the $187 million investment benefits a wider range of contractors but also promote inclusive growth, support local entrepreneurship, and contribute to a more resilient economy for all citizens.

trinidad tobago: minister urged: key developments so far.

Ramcharitar’s concerns reflect a broader issue regarding the participation of small contractors in government projects. Many small businesses face significant barriers when competing against larger firms, including limited access to resources, financing, and networks that can help them secure contracts. This situation can lead to a concentration of opportunities among a few larger companies, which may not always align with the interests of local communities.

Advocates for small businesses argue that fostering a more inclusive contracting environment can lead to a more dynamic economy. By ensuring that smaller contractors have access to government contracts, the government can stimulate local economies, create jobs, and encourage innovation. Small businesses often have a better understanding of local needs and can provide tailored services that larger firms may overlook.

In addition to advocating for set-asides, Ramcharitar suggested that the ministry could provide training and resources to help small contractors navigate the procurement process. This could include workshops on how to prepare bids, understand contract requirements, and manage projects effectively. Such initiatives could empower small businesses and enhance their competitiveness in the marketplace.

The call for equitable distribution of contracts is not only about fairness but also about maximizing the impact of public spending. When small businesses thrive, they contribute to the overall economic health of the community, leading to increased tax revenues and improved public services.

As the government moves forward with its development plans, the dialogue surrounding the inclusion of small contractors in public procurement will likely continue. Stakeholders from various sectors will be watching closely to see how the Ministry of Works and Infrastructure responds to these concerns and whether measures will be implemented to support small businesses in Trinidad and Tobago.

Join the Trinidad and Tobago WhatsApp update group: https://chat.whatsapp.com/DKueX7ZV35626FbOsKBt03

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