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Public procurement

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Definition Edit

Public procurement (also called government procurement) is the process by which a government agency purchases goods and services from the private sector.

Overview Edit

The procurement processes covers two main phases: the pre-award phase and the post award phase. Pre-award comprises all the sub-phases of procurement until the award of the contract (publication of notices, access to tender documents, submission of bids, evaluation of the proposals and the award of the contract). Post-award comprises all the sub-phases of procurement after the award of the contract (ordering, invoicing and payment).[1]

References Edit

  1. A Strategy for E-procurement, at 3 n.9.

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