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Presented by WONG CHIAN VOEN Making Business Sense of the US-Singapore Free Trade Agreement Singapore, December 4, 2003

Government Procurement. Presented by WONG CHIAN VOEN Making Business Sense of the US-Singapore Free Trade Agreement Singapore, December 4, 2003. Government Procurement Market. US Government Procurement Federal Total number of contracts = 8.65 million

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Presented by WONG CHIAN VOEN Making Business Sense of the US-Singapore Free Trade Agreement Singapore, December 4, 2003

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  1. Government Procurement Presented by WONG CHIAN VOEN Making Business Sense of the US-Singapore Free Trade Agreement Singapore, December 4, 2003

  2. Government ProcurementMarket • US Government Procurement • Federal • Total number of contracts = 8.65 million • Total value of contracts = US$ 250.19 billion • State • Singapore Government Procurement • Central • Estimated total value of contracts = S$ 10 billion

  3. Opportunities Market access Eligibility Entities Types of contracts Protections Minimum level of market access National treatment Non-discrimination USSFTA

  4. Who can supply to US government entities? “Singapore” suppliers Singapore national or a company incorporated and has substantial business operations in Singapore Goods supplied must be “Singaporean” Who can supply to Singapore government entities? “US” suppliers US national or a company incorporated and has substantial business operations in US Goods supplied must be “US” Opportunities

  5. What US government entities can Singapore companies supply to? Federal = 97 executive departments & agencies State = selected entities in 37 states Other entities = 6 What Singapore government entities can US companies supply to? Central = 23 entities Other entities = 24 Opportunities

  6. What types of US government contracts are open to Singapore suppliers? Contracts above specified values Specific types of goods and services Opportunities

  7. What types of Singapore government contracts are open to US suppliers? Contracts above specified values Specific types of goods and services Opportunities

  8. What are the “extras” offered under the USSFTA? Can bid for contracts below 130,000 SDR (US$ 181,643 or S$ 321,509) WTO Government Procurement Agreement Compete on equal footing with suppliers from 27 other countries for contracts above 130,000 SDR Opportunities

  9. Minimum Market Access Guarantee National Treatment Given treatment no less favorable than domestic companies Non-Discrimination Cannot be discriminated on basis of degree of foreign ownership or affiliation Protections

  10. Transparency Procurement process must be transparent Meet minimum requirements Challenge In court Impartial and independent body subject to judicial review Protections

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