Public Sector Procurement
Public sector procurement refers to the process by which government agencies and public organizations acquire goods, services, and works from external suppliers. This process is essential for ensuring that public funds are spent efficiently and transparently, often following specific regulations and guidelines to promote fairness and competition.
The procurement process typically involves several stages, including planning, tendering, evaluation, and contract management. By adhering to these stages, public sector entities aim to achieve value for money while meeting the needs of the community they serve, ultimately contributing to the effective delivery of public services.