Public Contract Regulations

Public Contract Regulations are rules that govern how government agencies and public bodies buy goods and services. They aim to ensure the process is fair, transparent, and competitive, allowing qualified companies to bid for public sector work. These regulations set standards for advertising contracts, evaluating bids, and awarding deals, preventing corruption or favoritism. Their goal is to secure the best value for taxpayers while maintaining integrity and open access for all potential suppliers. Essentially, they provide a structured framework that promotes responsible and equitable public procurement.