Insights Into Public Procurement: Principles, Processes, and Partnership Dynamics
Book Chapter
Dimand, AM, Patrucco, AS, Abutabenjeh, S et al. (2025). Insights Into Public Procurement: Principles, Processes, and Partnership Dynamics
. Vol1-V794. 10.1016/B978-0-443-13701-3.00350-9
Dimand, AM, Patrucco, AS, Abutabenjeh, S et al. (2025). Insights Into Public Procurement: Principles, Processes, and Partnership Dynamics
. Vol1-V794. 10.1016/B978-0-443-13701-3.00350-9
This entry explores public procurement, defining its significance and scope and detailing the procurement process from planning through to contract management. It discusses key principles such as accountability, cost-effectiveness, ethics, fairness, and transparency, underscoring their essential role in guaranteeing equitable and efficient procurement practices. Moreover, the chapter assesses the financial opportunities and challenges vendors encounter within the public procurement framework, highlighting the strategic considerations vital for forging successful public-private partnerships.
