Overview

Public procurement is more than just purchasing-it's a strategic function at the heart of government operations and public investment. In this foundational guide, the author demystifies the core principles, processes, and policy frameworks that define public procurement systems worldwide. Whether you are a newcomer to the profession or seeking a structured refresher, this concise yet comprehensive lesson explains: The purpose and value of public procurement in economic development, The legal and institutional frameworks that govern it, Key distinctions between public and private sector procurement, Principles of transparency, accountability, risk, and ethics, Procurement's role in sustainability, crisis response, and digital transformation, and Emerging trends in donor-funded procurement and global best practices. Grounded in international standards, including the UNCITRAL Model Law and World Bank guidelines, this updated edition empowers procurement professionals with the knowledge needed to act with integrity, ensure value for money, and contribute meaningfully to national development. Perfect for training programs, self-study, and onboarding new procurement officers, What is Public Procurement? is a critical starting point for building a career rooted in professionalism and public service.

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