Proper public procurement practices directly reflect good governance. Transparent and effective procurement practices minimize expenditure and create opportunity.Procurement is an enormous component in the process by which governments build infrastructure, such as schools and hospitals. It involves the management of significant amounts of money and is therefore often the cause for allegations of corruption and government inefficiency. The difference between getting public procurement right and doing it wrong has the potential to be either highly rewarding, or highly damaging. In some nations, reforms implemented to improve the efficiency of public procurement have resulted in savings of 1% of a countryas gross domestic product. One can see why public procurement is so significant to the development of a country and its people.The PBDs for the procurement of textbooks and manuals were recently approved by the GPPB. 50. Generic procurement manuals. The 2008 CPAR pointed out the need to draw up generic procurement manuals (GPMs) that will suit localanbsp;...
|Title||:||Philippines Country Procurement Assessment Report 2012|
|Author||:||Asian Development Bank|
|Publisher||:||Asian Development Bank - 2013-12-01|