Unified procurement classification guide launched to boost transparency

Saudi Arabia's Local Content and Government Procurement Authority has initiated the implementation of the Unified Procurement Classification guide to improve transparency in procurement processes. The Local Content and Government Procurement Authority revealed the launch of the Unified Procurement Classification (UPC) guide, as part of its endeavors to establish a standardized language and transparency in procurement.

This strategic move aims to keep up with local market trends and global practices, offer a consistent reference for categorizing goods and services, and enhance data management and precise spending analysis. Abdulrahman bin Abdullah Al-Semari, the Authority's CEO, highlighted that this action complements the Authority's ongoing efforts to achieve its strategic goals.

He emphasized that the guide serves as a vital tool for supporting national industries by structuring and precisely classifying procurement data, and by standardizing names and terms for all goods and services. The Authority intends to apply the Unified Procurement Classification guide across various operations and regulatory tools, including the mandatory list, to further bolster local content and enhance the efficiency of the procurement system.