Question
(a) Describe briefly significance of procurement planning.
(b) Describe briefly mechanism of a typical Reverse Auction in public procurement.
(c) Define term "Sustainable Public Procurement".
(d) Evaluate and contrast public sector procurement with procurement in private sector.
(e) Specify 5 procedures for efficiently handling low value purchases.
(f) List 5 drawbacks of a centralised purchasing system.
(g) Describe significance of a Code of Conduct for an organization.
(h) Outline 5 negative consequences for a public body which is subject to Bid Rigging.
(i) List 10 stages of a typical Procurement cycle.
(j) Name 5 key objectives of a public procurement system.