public sector purchasing

Public sector purchasing refers to how government agencies and public organizations acquire goods and services they need to operate and serve citizens. This process involves identifying requirements, selecting suppliers through transparent methods, negotiating contracts, and ensuring fair competition. The goal is to obtain quality goods and services cost-effectively while adhering to laws and regulations that promote transparency, fairness, and accountability. Public sector purchasing is essential for delivering public services efficiently, managing taxpayer funds responsibly, and fostering economic growth through fair market practices.