Procurement principles
Maintaining high standards of adherence to procurement principles while delivering results is a challenging due to factors involving needs, market and buyers.
Maintaining high standards of adherence to procurement principles while delivering results effectively and efficiently is a challenging act due to complex internal and external factors playing at the intersection between needs, market and buyers.
Procurement principles form the basis for the development of the policy, legislation and operational guidance which are part of the public procurement framework. These principles are generally built around elements related to transparency, economy, efficiency and fairness, which governments and organizations have developed to provide clarity and guidance on specific procurement aspects according to their own priorities and needs.
A clear understanding by all procurement stakeholders of the principles that apply to public procurement is a pre-requisite for building a quality procurement system. The importance of understanding these principles relates also to the fact that most assessments will include an element of evaluating the adherence to the principles as articulated through policy, legislation, guidance and institutional arrangements and capacity.
Find out more about the procurement processes and enabling factors on:
Strategic vaccine public procurement processes