THE PRINCIPLE OF COMPETITION – THE KEY TO PUBLIC PROCUREMENT REGULATION
European Journal of Social Sciences Studies
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Title |
THE PRINCIPLE OF COMPETITION – THE KEY TO PUBLIC PROCUREMENT REGULATION
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Creator |
Darabad, Behzad Ghorbany
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Subject |
public procurement, competition, value for money, regulation
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Description |
Public procurement is the acquisition of public goods and services from private sector. The main goal of public procurement is to achieving best value for money. In general, an efficient public procurement system enhances a government’s public welfare role. Competition is the key to ensuring governments and citizens get the maximum value of money in the process of public procurement. Public procurement requires a regulatory framework based on the principle of competition and that submits public spending to the adherence of competitive procurement methods’ and to increase the efficiency of public spending. This research establishes the effect of competition in the regulation of public procurement. The study recommends that Government, in order to optimize the value of money, should adopt draft principles of competition procurement policies that are compatible with procurement regulations. Article visualizations:
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Publisher |
European Journal of Social Sciences Studies
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Contributor |
—
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Date |
2017-07-28
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
https://oapub.org/soc/index.php/EJSSS/article/view/151
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Source |
European Journal of Social Sciences Studies; Volume 2, Issue 6, 2017
2501-8590 2501-8590 |
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Language |
eng
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Relation |
https://oapub.org/soc/index.php/EJSSS/article/view/151/442
https://oapub.org/soc/index.php/EJSSS/article/view/151/443 https://oapub.org/soc/index.php/EJSSS/article/view/151/444 |
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Rights |
Copyright (c) 2018 Behzad Ghorbany Darabad
http://creativecommons.org/licenses/by/4.0 |
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