- Oman's Procurement
- JSRS Introduction
- Why JSRS Certification?
- Mandates
- JSRS Buyers Community
- Certification Process
Oman's Procurement
With projects worth billions in all sectors (Mining, O&G, Water, Electricity, Power and so on), Oman is a country that welcomes suppliers offering top quality products / services, adhering to world class best practices.
Though Oil & Gas takes the centre stage in the current and 9th 5-year plan of Oman 2016-2020, the focus of the future is on Economic Diversification. This means there is a requirement for practically every kind of product or service that a growth-oriented economy could demand while at the same time focusing on the In-Country Value (ICV) requirements within the country.
Oman has foreseen the supply chain demands that its economy could create and has geared itself by consolidating service verticals into holding companies for a more centralized procurement system.
JSRS Introduction
The Joint Supplier Registration System (JSRS) is a 'single window' supplier registration and certification system implemented on behalf of the Ministry of Oil & Gas, Oman as an industrywide procurement system. Today, the JSRS is fast becoming a National Procurement Initiative which is the primary sourcing base of Oman' s Oil & Gas and other major industries' procurement system.
The objective of JSRS is to facilitate suppliers - national and international, to get certified in a common pool and tap into independent operator opportunities which in turn gives the Operators a direct connectivity to Suppliers and to 'seek and identify' Suppliers for their varying needs.
Why JSRS Certification?
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- The JSRS Certification today is a MANDATORY requirement to obtain contracts and procurement opportunities within the Oil & Gas and Other Industries as per the Mandate issued by the Oman Ministry of Oil & Gas.
- The JSRS Certificate would endorse the Supplier (national or international) to be termed 'business ready' to deal with Oman's Procurement opportunities. This Certification is managed by businessgateways through a robust diligence process on behalf of all its stakeholders.
- The JSRS Certificate is the core step to be completed by supplier organisations before they can be approved or certified further by other governmental bodies and organisations who are connected to the JSRS.
Mandates
The Sultanate of Oman's Ministry of Oil & Gas along with the Oil & Gas Operators has made the JSRS Certificate a mandatory requirement for suppliers who wish to bid for product tenders and service contracts from the Operators of the Oil & Gas Industry and Buyers from Other Industries.
The 30+ O&G Operators and Other Indutries Buyers use only JSRS Certified suppliers for their procurement needs.
JSRS is an In-Country Value initiative of the Ministry of Oil & Gas, Oman.
JSRS Buyers Community
The Oil & Gas Operators in Oman have identified a major need to create a Joint O&G Supplier certified base of Oman that would form the sourcing basis of their Procurement System.
The Operators who tap into the registered pool of Suppliers on the JSRS Platform will have direct connectivity to the Suppliers in order to publish their procurement opportunities and short list Suppliers based on their respective Pre-Qualification Process.
Following the success of JSRS in the Oil & Gas Industry, buyers from Other Industries are fast adapting to the JSRS. These non-Oil & Gas Industries who utilize the JSRS Suppliers for their procurement action are grouped together into the JSRS Buyers Community.
