Antigua and Barbuda became a member of CARICOM on 4th July 1974. For details on the economy, political structure and demographics see the World Fact Book - Antigua and Barbuda.
Currently, the award of contracts by Government of Antigua & Barbuda is governed by the Tenders Board Act Chapter 424 A of the Constitution as amended by the Tenders Board Amendment Act 2002. The law grants the Tenders board the right to procure “the supply of articles and materials; the award of contracts for the execution of works and the provision of services for the Government of Antigua and Barbuda, any corporate body established by an Act of Parliament or any company limited by liability in which the government is the majority share holder and to do other things connected therewith.” The legislation further stipulates that the Board has the exclusive authority “to act for, in the name and on behalf of the government and the statutory bodies to which this Act applies; to invite consider and accept or reject offers for the supply of articles or for the undertaking of works or any services in connection therewith, necessary for carrying out the functions of the government or any such statutory body”, among others.
On January 5th 2010, Prime Minister Baldwin Spencer indicated his Government's intention to reform the public procurement process and implement a Procurement and Contract Administration Act later this year. The new law is intended to strengthen the island’s constitutional democracy and form part of the government’s intentions for constitutional reform. According to the PM, the legislation will help the administration in its mission of governing “with international standards ensuring fairness, transparency and financial responsibility in all our dealings".
On 15th October 2008 Antigua & Barbuda signed the CARIFORUM EC - EPA which contains public procurement conditions for the first time in a multi-lateral trade agreement in the ACP. The conditions require transparency in all Government Procurement above a threshold of approximately 164,000 Euros.
In 2004 the Government of Antigua & Barbuda undertook significant Anti-Corruption Reform and enacted the Prevention of Corruption Act 2004, Integrity in Public Life Act 23 of 2004. There is also the Proceeds of Crime Act No.13 of 1993, Money Laundering Prevention Act 1996 as amended in 1998, 1999, 2001, 2002 and 2003, Mutual Legal Assistance in Criminal Matters 1993 and Mutual Legal Assistance in Criminal Matters (Ratification) Act 2000. Access to information legislation is enacted in the Freedom of Information Act 2004.
Antigua and Barbuda has signed and ratified the Inter-American Convention on Mutual Assistance in Criminal Matters and has accepted the UN Convention on Corruption and signed the CARICOM Mutual Legal Assistance Treaty on Serious Criminal Matters.
Corruption Perceptions Index (CPI) 2009 Ranking measures the perceived level of public-sector corruption in 180 countries and territories around the world. The CPI is a "survey of surveys", based on 13 different expert and business surveys. Antigua and Barbuda was not ranked in the CPI 2009.