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Regulating Public Procurement - National and International Perspectives (Hardcover)
Loot Price: R11,217
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Regulating Public Procurement - National and International Perspectives (Hardcover)
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Because of its enormous economic power and susceptibility to
corruption, public procurement - the purchase by government of
goods and services - has come under increasing regulation as world
trade expands. Three international leaders in public procurement
law fully explain how the procurement award process must be managed
to achieve its goals in global market economy. This work should
educate government officials, trade lawyers, and students in how to
comply with existing and emerging regulatory schemes as they:
select a contractor and plan the contract, with detailed attention
to terms, conditions and specifications; allow for national
security, national industrial development, and environmental
protection; get value for money and avoid waste of public funds;
publicize contracts; combat corruption; secure successful
completion of contracts; balance pressures to buy from domestic
sources with the economic benefits of international competition;
harness procurement power to promote social and environmental
goals; enforce compliance with public procurement rules; and
recognize circumstances under which discretion-based (rather than
rules-based) initiatives may be more effective.
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