(a) Illustrate out briefly the different stages of the procurement cycle.
(b) describe briefly four (4) objectives of Public Procurement system.
(c) describe the major functions of institutions set up by Public Procurement Act.
“A public body shall engage in procurement planning in order to make sure that procurement is carried out within financial estimates allocated to it”
What are the factors which a public body should take into account in planning procurement exercise for a major contract?
(a) Illustrate out Direct Procurement. State the financial limits for direct procurement under Section 25 (2) (a) of the Public Procurement Act.
(b) Illustrate out the general policy of diligence for Direct Procurement.
(a) Illustrate out the following terms used in procurement contracts:
1. Advance Payment
2. Prompt Payment
3. Early Completion Bonus
(b) List all the different procurement techniques accessible for public procurement in the Act.
(c) Illustrate out the term “Bid Security”.
(a) Illustrate out the supply chain concept?
(b) Describe and discuss four (4) types of supply chains.