Guam - Vice Speaker B.J. Cruz, chairman of the legislative committee overseeing procurement issues, has introduced a pair of bills aimed at updating the Government of Guam's procurement laws. The measures would also develop a system to review and make recommendations to improve and modernize government procurement and contracting.

Bill 160 was introduced at the request of the Office of the Attorney General. It applies additional safeguards to the manner in which government procures goods and services and enters into contracts. For example mandating public disclosure of ownership by companies doing business with the government and requires aggrieved bidders to post bonds when filing a procurement protest.

Bill 159 on the other hand creates a Guam Procurement Advisory Council to research, evaluate, analyze, review and make recommendations to improve, address and modernize government procurement and contracting. The council consisting of members from both the government and the private sector would be tasked to make a series recommendations through the summer of 2012.