Definition and significance

Government-e-Market place

Flowchart may be used.

Direct Purchase, Local Purchase Committee, Advertised Procurement, Limited Tender, e-Procurement

Policymakers crafting a sound procurement system must balance a number of goals - transparency, competition and integrity are the most important. If a government’s procurement system reflects all three elements, the system is much more likely to achieve the best value in procurement and maintain political legitimacy. 

Lead time, Late Bid, Security Fee, Performance Guarantee, Rate Contracts, OMM,

Fundamental principles of public buying (for all procurements including procurement of works). Every authority delegated with the financial powers of procuring goods in the public interest shall have the responsibility and accountability to bring efficiency, economy, and transparency in matters relating to public procurement and for fair and equitable treatment of suppliers and promotion of competition in public procurement.

The content may be taken from GFR 2017 Rule 144. All the points to be cover these virtues: Transparency, Specification, Evaluation, Ethics, Confidentiality, - SMart Art may be used and explained