INTRODUCTION
| The establishment, maintenance and improvement of sound public procurement systems are critical responsibilities of governments throughout the world. Public procurement in modern times is an engine for economic growth and development as it stimulates domestic, regional and international trade. Procurement is a crucial factor in good governance. Well-functioning, competitive, transparent and fair public procurement systems give satisfaction to suppliers and contractors, encouraging them to participate in procurement opportunities, and yield value for money to the procuring entities and taxpayers that support them. Public confidence in government administration generally depends upon the reality and perception that procurement procedures and actions are responsibly undertaken by public officials, both technical and political, who are committed to procurement efficiency and integrity with a conviction that public procurement policies, procedures and practices ensure good governance and value for money. |