BPS Procurement Directive Principles

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 The Directive is based on the five key principles that allow Organizations to achieve value for money while following a procurement process that is fair and transparent to all stakeholders:

  • Accountability
    Organizations must be accountable for the results of their procurement decisions and the appropriateness of the processes.
  • Transparency¬†
    Organizations must be transparent to all stakeholders. Wherever possible, stakeholders must have equal access to information on procurement opportunities, processes and results.
  • Value for Money
    Organizations must maximize the value they receive from the use of public funds. A value-for-money approach aims to deliver goods and services at the optimum total lifecycle cost.
  • Quality Service Delivery
    Front-line services provided by Organizations, such as teaching and patient care, must receive the right product, at the right time, in the right place.
  • Process Standardization
    Standardized processes remove inefficiencies and create a level playing field.