Smart Tips about Public Procurement
Public procurement is sourcing for goods and services like construction amenities such as schools for use by public on behalf of the government which represents its people.
An effective government needs to buy goods and services to keep it running and delivering on its promises to the people. Since governments are vast they have to source for people to offer goods and services.
For accountability and effectiveness any serious government has to lay down rules and regulations on the procurement process of the right and legal people or companies that would buy goods and services on its behalf. Government procurement is mainly done through the tenders, contracts, and bids. Public bids are publicly advertised and all interested but qualified people and companies apply according to their interests and are required to pay an application fee which helps limit the number of application as well as make sure only companies that have capital get the job.
The government’s bids, tenders, and contracts are publicly advertised in local dailies and other government platforms such government websites to enhance
transparency and accountability since these bids and tenders are likely to pay handsomely some government employees might want to benefit and take part or have friends and relatives take part the government, therefore, discourages such by advertising publicly.
A person or company can participate in public procurement tenders, bids and contracts by visiting the government agencies physically or on their websites mandated to advertise on behalf of the government since they publish all tenders, contracts and bids for instance in the united states such agencies are Request for proposals (RFPS) and Request for Quotations (RFQS). Once you get a connection with the request for proposals and request for quotation websites, they will mail you government tenders, bids and contracts available on daily basis based on your interests and you get to apply. There’s a way where one can increase their chances of winning if they participate in Request for Tenders (RFT) and Request for proposal(RFP) which happens if the value for goods and services is more than $25000 the process in which other factors apart from the lowest price, this is unlike other procurement procedure
Visiting the platform will lead you to the process of making an application. Once you get the emails to choose the best bid, contract or tender according to your interest and ability to supply and apply after which you get an invitation to bid which require you to provide a proposal or project. When all the proposals and projects have been submitted the tender opening committee opens all of them and groups them according to the many categories that had been advertised and after going through all of them and considering some factors they award the lowest bidder..
This can happen if a requisition offered is of a less amount of money.