Discuss the fundamental principles of procurement one


Assignment: Public Procurement

Government procurement or public procurement is the procurement of goods, services or constructions on behalf of a public authority, such as a government agency. With 10 to 20% of GDP, government procurement accounts for a substantial part of the global economy. To prevent fraud, waste, corruption, or local protectionism, the law of most countries regulates government procurement more or less closely. It usually requires the procuring authority to issue public tenders if the value of the procurement exceeds a certain threshold.

In a paper of 3,750 words with line spacing of 1.5, discuss Public Procurement Acts of Nigeria under the following:

1. Introduction
2. Regulatory Authority
3. Fundamental principles of procurement
4. Organization of procurement
5. Procurement methods
6. Conclusion
7. References

Requirements:

Use the following information to ensure successful completion of the assignment: Use APA style for writing this Essay. This assignment requires that at least 10 scholarly research sources related to this topic, and in-text citation from each source be included. Use Abstract, Keyword, Introduction and conclusion. One recommendation that I have is to copy/paste the actual criteria for each section in the paper-make these subheadings paraphrased. This will help ensure that you are addressing all parts of the essay requirements. Please proofread and cross check APA citation errors. Write in Third Person Scholarly writing: No quotes from Authors. Let your voice be heard and not reporting lecture back to me. Expand your discussion and highlight other important theorists and theories where needed. Introduction, and conclusion SHOULD be comprehensive and to include more main ideas and thoughts. Use transitional phrases to link one paragraph to the other.

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