AN ANALYSIS OF THE PROCUREMENT REFORMS ACT AS A TOOL FOR COST SAVINGS AND ACCOUNTABILITY IN KRPC

ABSTRACT

This research work has seriously analyzed procurement reforms act as tool for cost savings and accountability MKRPIC. Where the data was collected and used for the compilation of this research. An introduction was made which comprises the statement of general problem, the background of the subject matter, objectives of the study and the significance of the study. Existing literature on procurement reforms act, determination of needs, some purchasing objectives, purchasing practice and techniques, some management function were also discussed and reviewed. Random Sampling method was used as the basis of this study. A sample size of 39 out of total populations of 130 was selected. The research work shows that procurement reforms act n KRPC is always influenced or rather ineffective. The study recommends that due process should be complied with in order to enhance cost savings and accountability in KRPC. Also total commitment of the entire staff of KRPC.