The Procurement Regulatory Authority of Zimbabwe (PRAZ) formally, the State Procurement Board (SPB) was created through an Act of Parliament, Public Procurement and Disposal of Public Assets Act[Cap 22:23] which repealed theAct, No. 2/99 [Cap. 22:14] through S.I. 152 of December 2017. The new mandate of the Authority is to supervise public procurement proceedings to ensure transparency, fairness, honesty, cost-effectiveness and competition as required by Section 315 of the Zimbabwean Constitution.