Nov 21, 2017 Last Updated 10:16 AM, Nov 8, 2017

pimsec

The consistent monitoring of projects will be made far more efficient through the use of a Management Information System for the PIMS. An expected outcome of this monitoring and evaluation data system is the increase accessibility to real time progress data from conceptualization to post evaluation. According to the Financial Administration and Audit Act (FAA Act) (Schedule 4G) the Public Investment Management System shall be “…the web-enabled system that will serve as the repository of information on all public investment projects (central government, public bodies and public private partnerships), at the various stages of the project cycle (inclusive of concept, feasibility, approval, implementation, monitoring and evaluation) thereby allowing access for the tracking of status and performance information on all projects as they move through the project cycle”.

important-notice

NOTICE TO ALL MINISTRIES, DEPARTMENTS & AGENCIES (MDAs)

The Public Investment Management Committee (PIMC), chaired by the Honourable Minister of Finance & Public Service, Mr. Audley Shaw, is currently scheduled to meet every other month, on the last Friday of the month. The next scheduled meeting is set for 6 October 2017.

As such, all new project concepts or proposals must be submitted in advance for review and consideration by the Public Investment Management Secretariat (PIMSEC). Therefore all projects (accompanied by the letter of endorsement by the Portfolio Ministry) seeking review by the PIMC on that meeting date must be submitted (in hard AND soft copy) to PIMSEC by 03 August 2017.

Ministries, Departments or Agencies (MDAs) requiring further information on this process or requirements for submission of projects, may contact the PIMSEC at 935-5182.