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EVALUATION OF PUBLIC PROCUREMENT MECHANISM FOR SUSTAINABLE DEVELOPMENT IN BANGLADESH
Mohammad Abdul Mannan, Zahidul Islam
Abstract: Transparency, accountability and efficiency in PPM is the vital requirement for sustainable development of all sectors of a developing country like Bangladesh. Developing countries utilize huge amount of their national budget in development projects through procurement of goods, works and services. For sustainable development, proper utilization of this huge amount of national budget must be ensured through establishing sound (PPM). This paper presents a study in PPM of Bangladesh and corresponding empirical outcomes with object oriented suggestions for sustainable development. Participant Observation Method, Case Study Method and Questionnaire techniques are used to collect primary data. Questionnaire comprising of 29 queries is administered among 60 respondents involved in public procurement. Author has been involved in public procurement mechanism, as member (TEC/PEC) and consultant for the last ten years to study the system as a participant & case study observer. Secondary data is collected from related books, journals and documents of GoB. Empirical outcomes and object oriented suggestions are obtained through analysis of data. Final outcomes are evaluated lacks, gaps, problems etc of existing PPM and specific suggestions for sustainable development in Bangladesh.
Keywords: Sound PPM: A public procurement mechanism which ensures transparent procurement process, best value for money, quality and standard of procured goods / works / services, accountability and strongly resist corruptions and misuse of national budget. Poor PPM: A PPM which includes opaque procurement process, corruption favoring rules and procedures, fails to ensure best value for money, transparency and accountability, quality and standard of procured goods/works/services.
DOI: https://doi.org/10.15623/ijret.2013.0209066
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