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Discy Latest Articles

WHAT IS THE MEANING OF PUBLIC PROCUREMENT?

WHAT IS THE MEANING OF PUBLIC PROCUREMENT?

Dear Reader, you are welcome to this guide on Public Procurement. In this guide, we begin our discussion of public procurement with definition and explanation of public procurement as well as the scope of public sector procurement. This guide ends ...

WHAT IS THE PURPOSE OF PUBLIC PROCUREMENT

WHAT IS THE PURPOSE OF PUBLIC PROCUREMENT

PUBLIC PROCUREMENT REGULATION The procurement process when not managed properly can lead the organization to incur cost in the form of: inflation of orders, payment of private purchases, overpayment of invoices, acquisition of poor quality goods, theft of goods, delays ...

WHAT IS PROCUREMENT PROCESS

WHAT IS PROCUREMENT PROCESS

Procurement may be defined as the act of acquiring goods, works and services that are relevant to the achievement of the objectives of an organization. The resources of an organization need to be acquired or constructed. The process of acquisition ...

WHAT ARE THE 7 STAGES OF PROCUREMENT?

WHAT ARE THE 7 STAGES OF PROCUREMENT?

The procurement process is the stages through which a procurement activity is undertaken. Each of these stages has to be managed well in order to achieve the procurement objectives which would include achieving value for money in all procurement activities. ...

HOW DOES GOVERNMENT PROCUREMENT WORK?

HOW DOES GOVERNMENT PROCUREMENT WORK?

GENERAL GOVERNMENT PROCUREMENT PROCESS The government procurement policy requirement is that all public procurement must be based on value for money. This is defined as “the best mix of quality and effectiveness for the least outlay over the period of ...

WHAT IS PUBLIC PROCUREMENT RULES

WHAT IS PUBLIC PROCUREMENT RULES

PROCUREMENT RULES Dear Learner; you are welcome to Session 4. We hope you are familiar with the various structures used in the public procurement process of Ghana. In this session, we will be learning about the rules, procedures, standards that ...