Announcement
The Procurement Regulatory Authority Zimbabwe (PRAZ) in a bid to enhance transparency, efficiency, accountability as well as to promote cost effectiveness in public procurement, is implementing the electronic Government Procurement (eGP) System for the Republic of Zimbabwe. The System is being launched by His Excellency, The President of Zimbabwe, Cde Dr. E.D. Mnangagwa to start the pilot run with a selected number of Procuring Entities (PEs).
All PEs (Government Ministries, Departments and Agencies) will be expected to be fully on board on this new system by January 2024.
PRAZ certificate verification
Supplier Registration Fees & Rate
| Supplier Type | Fees Per Year (US$) | Fees Per Year (ZiG) | Current Exchange Rate |
|---|---|---|---|
| Local | US$ 120 | ZiG 3,060.00 | ZiG 25.50 |
| Foreign | US$ 850 | ---- | Please note local bidders can settle invoices using local currency at prevailing inter bank rate, Any change in the exchange rate will affect all unsettled invoices. |
Praz Banking details
NONREFUNDABLE (USD)
This account is for Registrations, Bid Establishment Fees,Training, Fees and Admin Fees
Bank Name : CBZ BANK LIMITED
Branch Code :6101
Swift Code :
Account Number :10721064850108
NONREFUNDABLE (ZiG)
This account is for Registrations, Bid Establishment Fees, Training Fees and Admin Fees
Bank Name : CBZ BANK LIMITED
Branch Code :6101
Swift Code :
Account Number :10721064850020
REFUNDABLE (USD)
This account is for Bid Bond
Bank Name : CBZ BANK LIMITED
Branch Code :6101
Swift Code :
Account Number :10721064850128
REFUNDABLE (ZiG)
This account is for Bid Bonds
Bank Name : CBZ BANK LIMITED
Branch Code :6101
Swift Code :
Account Number :10721064850118