Question Tag: PFM Regulations

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PSAF – Nov 2017 – L2 – Q2d – Public Procurement

Identify and explain circumstances under which public entities can use private sector procurement practices.

The Ministry of Information has proposed in its annual procurement plan for 2015 to procure some of its goods, works, and services using established private sector or commercial practices permitted by the Public Financial Management (PFM) regulations and laws.

Required:

i) Identify TWO circumstances under which the Ministry can use established private sector or commercial practices to procure goods, works, and services under their budget. (2 marks)

ii) Explain TWO advantages of using established private sector or commercial practices to procure goods, works, and services by a public sector institution. (3 marks)

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PSAF – Nov 2017 – L2 – Q2d – Public Procurement

Identify and explain circumstances under which public entities can use private sector procurement practices.

The Ministry of Information has proposed in its annual procurement plan for 2015 to procure some of its goods, works, and services using established private sector or commercial practices permitted by the Public Financial Management (PFM) regulations and laws.

Required:

i) Identify TWO circumstances under which the Ministry can use established private sector or commercial practices to procure goods, works, and services under their budget. (2 marks)

ii) Explain TWO advantages of using established private sector or commercial practices to procure goods, works, and services by a public sector institution. (3 marks)

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Report an error

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