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.