The inherent weaknesses in the current procurement system in Trinidad and Tobago mandate that a new objective and comprehensive approach to procurement be undertaken. In 2003, Cabinet appointed a Committee to review the Government’s procurement policy and processes. The Committee met over the period October 2003 to May 2004 and completed the preparation of a draft Policy on Government Procurement. On September 15th, 2004, the Green Paper titled “Reform of Government’s Procurement Regime” was laid in Parliament. In this Green Paper, the Committee identified the imperatives for reform, reviewed the current system and the legislative background, and identified the weaknesses of the system. Also included in this document are the fundamental components of current best practice, existing procurement models, and the preferred model for Trinidad and Tobago.