Public procurement has been subject to governing rules from many legal sources, including trade agreements, legislation and common law. In Canada, the common law on public procurement has been established over several decades. The fundamental principles applicable to public procurement are fairness, openness, and transparency.
In this chapter, we will look at public procurement and the public purchasing cycle. We will also review the various trade agreements and territorial, provincial, and federal laws enforced in the Canadian public sector markets, as well as the controls to ensure transparency and accountability in public procurement practices.
Learning Objectives
Upon successful completion of this chapter, you will be able to:
- Explain the public sector and how it procures goods and services.
- Identify the importance of public sector supply chain management.
- Understand the principles of public procurement and its impact on the economy.
Public Procurement Playbook
Watch this video to learn more about public procurement.
Source: NASPO (2022, February 8) What Is Public Procurement [Video] https://www.youtube.com/watch?v=cWppAPoGEBY.