Yesterday, on January 26, 2011, IT Department presented the combined result of the FMIS Second Stage Bid Evaluation Result to the Ministry of Economy and Finance’s management.

This meeting was chair by Dr. Aun Porn Moniroth, Minister attached to the Prime Minister, the chairman of Public Financial Management Reform Program Steering Committee, Secretary of State of MEF and honorably participate by H.E Keat Chhon, the Deputy Prime Minister, Minister of MEF, and Secretary General and Deputy Secretary General of MEF.

During the meeting Dr. Phan Phalla, Director of IT Department demonstrated the detail content of the Tripoint Corporation and Indra Sistemas’s financial bid proposal.

The concern of insufficient budget for the FMIS Installation for both phases was raised during the meeting. However this concern had been solved by Dr. Moniroth before the conclusion of the meeting with the critical risk management analysis.

The Combined FMIS Second Stage Bid Evaluation Report was agreed by MEF’s management to submit to World Bank for No Objection Letter before the announcement of the awarded bidder which supposed to be happened by end of February 2011.

It is said that World Bank is the only organization that will make the decision of increasing the fund for both phase of FMIS in Cambodia. It also be useful to know that FMIS is the core element of PFMRP-Public Financial Management Refor Program in Cambodia at all phases.