EVALUATION OF TENDERING SYSTEM IN PUBLIC SECTOR PROCUREMENT
ABSTRACT
The subject matter of this study is an evaluation of tendering system in public sector procurement. A case study of the ministry of works, Owerri, Imo-state, among the objectives is stated in chapter one of the study.
In other to attain the objectives a research question was constricted to enable the researcher collect relevant information in the subject matter. The researcher reviews related interactive and some facts drawn from the working chapter two, chapter three welcomes the research methodology; the population and size etc. chapter four contains the researcher’s presentation and analysis of data.
Finally, chapter five is about conclusion, summary and recommendations.
CHAPTER ONE
INTRODUCTION
BACKGROUND OF THE STUDY
Several factors have made the subject of public procurement prominent in recent years among government policy makers, academic and business community, bilateral donor agencies and international financing institutions, such as the World Bank are paying increasing attention to the implementation as distinct from the preparation of projects funded by them, and have come to identify economic and efficient procurement as indispensable to successful project implied tation. Developing countries especially in Africa come to recognize the economic development programmes and projects have to be managed more efficiently and that efficiency gains cannot be had without improved procurement of the goods services which needs to be acquired in the development process. The dictionary of purchasing and supply management defines “tendering” in public sector procurement as offer from tenderness without callous, usually in scaled enveloped delivered by a time and data specified in the invitation of tendering for supply of goods and services. In simple term, “public procurement” is defined as the acquisition of goods and services by government and their subsidiary agencies such as parastatas. “Tendering and public sector” is usually required when an organization or a firm needed supply of certain goods such as furniture, generating set, caterpillars, vehicles, drugs, medical equipment, and computers etc
“Tendering” is widely used in public sector to ensure observance of the principles of public accountability. It may also be used by private sector organization more especially in respect of construction and services contract to obtain prices and terms of the contract. According to Kempton and Jessup (1989) such tenders are opened only at time and data specified by the tender panel of qualified persons who record the necessary details, the essence of this research is to examine the use of effective bidding in public sector procurement.
EVALUATION OF TENDERING SYSTEM IN PUBLIC SECTOR PROCUREMENT