
Government Procurement Policy
Government Procurement Policy refers to the established rules and procedures that government agencies follow to purchase goods, services, and construction projects. Its purpose is to ensure transparency, fairness, and competitiveness in the procurement process, preventing corruption and ensuring taxpayers' money is used responsibly. The policy outlines how organizations invite bids, evaluate proposals, and select vendors. It also emphasizes compliance with legal standards and ethical practices. Overall, it aims to achieve value for money while promoting fair opportunities for all qualified businesses to participate in government contracts.