QUESTION 1
(a) Illustrate in brief the different stages of the procurement cycle.
(b) Clarify in brief 4 objectives of a Public Procurement system.
(c) Clarify the key functions of the institutions set up by the Public Procurement Act.
QUESTION 2
"A public body shall engage in procurement planning in order to ensure that procurement is carried out within economic estimates allocated to it"
What are factors that a public body should take into account in planning procurement exercise for a main contract?
QUESTION 3
(a) Describe Direct Procurement.
(b) Describe general policy of diligence for Direct Procurement.
QUESTION 4
(a) Classify following terms used in procurement agreements-
1. Advance Payment
2. Prompt Payment
3. Early Completion Bonus
(b) List dissimilar procurement methods available for public procurement in the Act.
(c) Explain term "Bid Security".
QUESTION 5
(a) Classify the supply chain concept?
(b) Explain four types of supply chains.