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Introduction:

 Public procurement is a fundamental, crucial component of democratic


governance, poverty reduction, and sustainable development. Governments
around the world spend an estimated US$9.5 trillion in public contracts every
year, which in many developing countries represents approximately 15-22
percent of GDP. From building roads and power stations, to purchasing
pharmaceuticals and securing trash-collection services, efficient use of public
resources contributes to better delivery of services.
 The Principles of procurement is to ensure that the procurement is made in a
fair and transparent manner, the object of procurement brings value for
money to the procuring agency and the procurement process is efficient and
economical.

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