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Last edited 18 Mar 2022
Public procurement system
Public procurement toolbox, terminology, published by the Organisation for Economic Co-operation and Development (OECD), states: ‘The public procurement system consists of the following elements items that are commonly regarded essential: 1) an adequate legislative framework, supported by regulations to address procedural issues not normally the subject of primary legislation; 2) an adequate institutional and administrative infrastructure (at central, local and regional level); 3) an effective review and accountability regime; 4) an effective sanctions regime; and 5) adequate human, financial and technological resources to support all elements of the system.’
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