Government procurement refers to the process by which government agencies acquire goods, services, and works from private sector companies. This can include everything from purchasing office supplies to contracting construction projects. The goal is to ensure that public funds are spent efficiently and transparently while meeting the needs of the community. To achieve this, governments often follow specific rules and regulations that promote fair competition and accountability. This may involve issuing requests for proposals (RFPs) and evaluating bids based on criteria such as cost, quality, and experience. Effective procurement helps ensure that taxpayers receive value for their money.