Public Sector Contracting

Public sector contracting refers to the process by which government agencies procure goods, services, or construction work from private companies. This is done to ensure efficiency, expertise, and cost-effectiveness in delivering public services. The process typically involves issuing requests for proposals (RFPs), evaluating bids, and selecting contractors based on criteria such as cost, experience, and quality. Public sector contracting aims to foster transparency, competition, and accountability while ensuring taxpayer funds are used effectively. Examples include contracts for road construction, IT services, and facility management.