
Public Procurement Regulations
Public Procurement Regulations govern how government entities buy goods, services, and works. These rules ensure transparency, fairness, and competition, aiming to get the best value for taxpayers' money. They set out processes for advertising contracts, selecting suppliers, and awarding bids while preventing corruption and favoritism. By following these regulations, public bodies maintain accountability, promote ethical practices, and encourage participation from various businesses, thereby fostering a healthy economic environment.