Friday, April 26, 2024

Award of License to Administer the Belize Government Lottery

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The Government of Belize, via the Lotteries Tender Panel, has completed negotiations with Brads Gaming Group Limited for a license to administer the Belize Government Lottery for the period of April 1, 2020 to March 31, 2030

In September 2019, the Government of Belize announced the open tender for the license to administer the Government Lotteries for the period April 1, 2020 to March 31, 2030. Consequently, a Lotteries Tender Panel was established comprising representatives from the Ministry of Finance, the Lotteries Committee, and the Gaming Control Board to assess proposals for the administration of the Government Lotteries. The evaluation was conducted in accordance with procurement policies as advised by the Ministry of Finance using a quality and cost-based approach.

Bids were received from three interested parties. The Lotteries Tender Panel evaluated and ranked all three bids based on the pre-determined criteria established for the procurement process. At the end of the evaluation process, the Lotteries Tender Panel recommended to the Government of Belize that the license to administer the Belize Government Lottery be awarded to the proposal with the highest score.

Subsequent to the Government of Belize’s acceptance of the recommendation, and as required by the Finance and Audit (Reform) Act, the negotiated license and contract, along with the tender report and related documents, were submitted to the Office of the Contractor General for review and no-objection prior to execution. Having received the no-objection from the Office of the Contractor General, the license and contract to administer the Belize Government Lottery was signed on June 26th.

The executed license and contract will be laid before the House of Representatives at its next sitting as required by the Finance and Audit (Reform) Act.

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