The National Treasury and Economic Planning has directed all financial institutions, including banks and insurance companies, to register for Kenya’s new online procurement platform.
Kenya’s new Electronic Government Procurement (e-GP) System is an online platform designed to digitalise and streamline public procurement across all government levels.
In a notice on October 15, the Treasury said it had organized a two-day virtual training webinar for banks and insurance companies to prepare the institutions for full integration into the platform.
The training is scheduled for Thursday, 16th October to Friday, 17th October 2025.
“The National Treasury and Economic Planning has organised a two (2) day webinar for financial institutions (Banks and Insurance Companies) to train them on navigating the e-GP system, e-bid security and guarantee management module,” the treasury notice read.
Participants are required to register for the sessions through the links provided under the NEWS section of the e-GP Kenya website.
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The training aims to equip institutions with practical skills for managing e-bid security and guarantees online.
Registration Drive for Financial Institutions
At the same time, Treasury said following the webinar, a registration drive for financial institutions will take place from Monday, 21st to Friday, 24th October 2025 at KISM Towers, 4th Floor, Ngong Road, Nairobi, between 9:00 a.m. and 5:00 p.m.
“Financial Institutions must be registered by the National Treasury and Economic Planning in the e-GP system as a prerequisite for accessing the system,” the notice stated.
To complete registration, institutions must submit:
- Legal establishment and operating licence.
- Official contact details, including phone number, email, and website.
- Postal and physical address information.
- A signed letter appointing a senior official as the institution’s e-GP administrator, providing their ID, employee number, designation, mobile number, and email address.
Mandatory Attendance for Appointed Officials
Treasury has made attendance at the training and registration sessions mandatory for appointed administrators.
“The appointed official is required to mandatorily attend the above-mentioned sessions,” the Treasury emphasised.
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All financial institutions have been urged to comply with the directive to ensure seamless adoption of the digital procurement platform, which is expected to enhance efficiency and curb malpractices in public procurement.
Digital Transformation in Procurement
The government officially rolled out the end-to-end e-GP System on 1st July 2025, covering all public procuring entities within national and county governments.
This move was part of the government’s agenda to enhance transparency, accountability, and efficiency in procurement processes.
“The e-GP system has an e-Bid Security and Guarantee management module that has automated issuance of guarantees such as tender securities, advance payment securities, and performance securities,” the Treasury stated.
Notably, the module allows both financial institutions and government entities to manage tender guarantees online, handling validation, release, forfeiture, and extensions electronically.
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