Abstract
Developing professionalism in procurement, both in Public as well as in Private Sectors, is a challenge in the field of Public Procurement in Bangladesh. This paper discusses on application of Public Procurement Rules in Government Sector with an objective to develop a transparent, accountable and efficient procurement aiming at value for money with sustainable development in Bangladesh. Finally the study strives to identify the bottlenecks in implementing Public Procurement Rules in Bangladesh.
Highlights
Public procurement is one of a number of activities within the operations of the Government of the People’s Republic of Bangladesh that requires special attention in promoting good corporate governance and better overall value for money.Measuring the Effect of capacity of Suppliers/Consultants and the procuring entities in successful implementation of Public Procurement Rules has always been an effective role for organizations and corporations
Suppliers and Consultants related with the public procurement process were surveyed by individual questionnaires
Random sampling method was used to select 50 nos. participants (20 nos. from procuring entities, 15 nos. from suppliers and another 15 nos. from consultants) who were engage in public procurement process
Summary
Public procurement is one of a number of activities within the operations of the Government of the People’s Republic of Bangladesh that requires special attention in promoting good corporate governance and better overall value for money. Increasing the effectiveness, efficiency and transparency of public procurement systems is an on-going concern of governments in Developing Countries and the international development community. In most Developing Countries public procurement of goods, services and works accounts for a significant proportion of GDP, so improved public procurement capacity results in greater value for money and increased public service delivery. In the area of diminishing resources and increased demand for accountability and transparency in government, the “stakeholders/shareholders” of the public sector are demanding more effective and efficient use of public resources.
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