Tag (SQ): Procurement Risks

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FM – L2 – Q131 – Public Procurement Methods

Explain methods of public procurement and their conduct under the Public Procurement Act 2003, as amended.

(a) The selection of an appropriate method of procurement is a critical matter in public procurement.
Required:
Explain the following methods of procurement and how they are conducted,
(i) Competitive Tendering
(ii) Two Stage Tendering
(iii) Restricted Tendering
(iv) Request for Quotation.

(b) Single source procurement is a delicate method of procurement which must be used with extra caution because of the risk associated with it.
Required:
(a) Explain the exceptional conditions under which the use of single source procurement will be appropriate under the Public Procurement Act 2003, as amended.

(b) Discuss the likely risks associated with indiscriminate use of single source procurement.

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