Go Procurement | Home
Time 2020-06-25 18:03:44Web Name: Go Procurement | Home
WebSite: http://www.goncppc.org
ID:10761
Keywords:
Go,Procurement,Home,Description:
Public procurement refers to the purchase of goods, services, and works by governments and state-owned enterprises. Governments or state-owned enterprises are expected to carry out public procurement efficiently maintaining high standards of conduct ensuring to safeguard the public interest and guaranteeing high quality of service delivery. It is important to do so as it accounts for a large share of the taxpayers' money. Government procurement is essential because governments cannot produce all the input materials for the goods they provide. Public goods like public infrastructure and national defense are provided by the Government. These goods are non-excludable and non-rival, meaning the quality or quantity doesn't diminish for others if it used by any individual and individuals have the right to freely use these commodities. Private markets cannot provide for public goods it is the government or state-owned enterprises who provide these goods, these are financed by raising taxes from all citizens. Governments often also provide merit goods such as health care and education in addition to public goods. These are private goods which are rival and excludable hence are generally provided by the private markers. Governments provide merit goods for maintaining equity and fairness in the nation as a whole. For the government to provide public and merit goods they need to purchase inputs from the private markets e.g. school buildings, uniforms, police vehicles. This process is known as government or public procurement. Government procurement accounts for a large financial turnover and businesses interacting with politicians and civil servants so there is a high risk of corruption. Often the individual interests of the public administrators are not the same as the interests of the public which increases the risk of corruption. According to OECD, the highest cases of bribery occur in public procurement. Public procurement is subject to legal regulation to prevent corruption and ensure transparency among suppliers. Government procurement laws normally cover all public works, services and supply contracts entered into by a public authority. But there may be exceptions, these include military acquisitions, as they account for large parts of government expenditures. Also, certain economically or politically sensitive sectors, such as public health, public transport or energy supply may also be treated differently.TAGS:Go Procurement Home
<<< Thank you for your visit >>>
Multipurpose HTML template.Websites to related : Office of the New York State Com
Skip to main contentIt appears that your web browser does not support JavaScript, or you have temporarily disabled scripting.This Google™ translation
Environmental Initiatives at HarEnvironmental Law Faculty View all Harvard Law School Faculty with a focus on environmental law Jody Freeman Archibald Cox Professor of Law; Direct
Oxford Brookes UniversityWelcome to The Department of Biological and Medical Sciences The Department of Biological and Medical Sciences, part of the Faculty of Health and Lif
University of ChesterCoronavirus (COVID-19): For the latest information see Coronavirus updates Read the stories of our unstoppable staff and students during the COVID-19
School of Nursing University ofView the university plan for returning to in-person instruction this fall and learn about campus-wide health measures. A Smart Return to Campus for F
Music News | Music-News.comWe and our partners use cookies on our site to personalise content and improve your user experience. More information can be found in our Cookies Poli
Department of EnglishThe Department of English at New York University studies and teaches literature written in English from all periods and places. The Department of Engl
Research Explorer | The UniversiResearch Explorer The University of Manchester's research has real-world impact beyond academia. We are at the forefront of the search for solutions t
Truly Moving Train Journeys | RoTruly Moving Train JourneysThe majesty of the Canadian Rockies meets the comfort of luxury train travel.Outdoor viewing areaDelicious breakfast and lu
SBTV | Connecting WorldsThe multi-faceted British company connecting worlds. Founded by Jamal Edwards and run by a team of young people creating cutting-edge, youth orientate
adsHot Websites