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PROCUREMENT 101

BUYING BASICS
Buying “stuff” in public sector
is different than in private sector

YOU JUST
CAN’T GO
OUT AND BUY
SOMETHING!

PUBLIC POLICY DICTATES


HOW PURCHASES CAN BE MADE
STATE PROCUREMENT IS MORE
THAN SIMPLY SIGNING A CONTRACT
OR CUTTING A PURCHASE ORDER
Efficiencies
And
Safeguarding Effectiveness
Public Funds  Leverage $$
 economies of scale
 Integrity of spending  value
public funds
Public & Supplier Public Policy and the Law
Confidence
 Real Competition:  Contracting Officer has no authority
Fair, Open & Transparent to deviate from laws & regulations
TAKE AWAYS FROM THIS SESSION

FISCAL
PURCHASING
AGENTS
EXPERTS

AGENCY BUSINESS
STAFF OFFICES
P CARD HOLDERS
YOU JUST CAN’T
GO OUT AND
BUY
SOMETHING!
Laws and Policy
must be adhered to
when purchasing
goods & services
for your agency

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