Public procurement refers to the process through which government bodies and state-owned enterprises acquire goods, services, and infrastructure. Because this process involves significant public funds, it must be managed efficiently and ethically to ensure high-quality service delivery and protect the public interest.
In the public sector, procurement involves purchasing from both domestic and international suppliers, guided by the principles of transparency, fairness, competition, and cost-effectiveness. These principles aim to ensure that public funds are spent wisely, delivering the best value for money.
As a crucial component of government service delivery, public procurement significantly affects financial management and public trust. When done effectively, it enhances the performance of government institutions and supports broader goals such as environmental sustainability, innovation, job creation, and the promotion of small and medium-sized enterprises.
A procurement expert in the public sector is responsible for overseeing procurement activities and ensuring compliance with legal and regulatory frameworks. To pursue a career in this field, one typically needs an academic background in law, business administration, or a related discipline. The key objective is to procure high-quality goods and services at competitive prices that meet government requirements. Efficient and transparent procurement processes contribute directly to effective public spending and sound financial governance.
The Organisation for Economic Co-operation and Development (OECD) provides guidance to help governments strengthen their procurement systems. These recommendations advocate for a strategic, integrated approach to procurement, aligning it with broader governance functions like budgeting, financial oversight, and public service delivery.
The OECD stresses the importance of integrity and good governance in procurement to ensure efficiency and to support the achievement of broader public policy goals. When public procurement is managed well, it builds trust, improves societal outcomes, and plays a key role in advancing inclusive and effective governance.
This training is designed to equip professionals in the public procurement industry to:
This training course is suitable to a wide range of professionals but will greatly benefit: