Chapter Review
Key Takeaways
- Government procurement policy states that goods and services must be procured openly and fairly, ensuring efficiencies during the contract cycle.
- Effective procurement starts with selecting the best-performing supplier and choosing the right type of contract.
- Managing the quality of contract performance reduces the risks during the contract management phase.
- Monitoring public sector contracts effectively ensures continuous improvement in contract service quality.
Explore and Engage
Discussion Questions
- List the reasons why contract management is important for achieving compliance and efficiency.
- Briefly explain one contract type and where you would effectively use the chosen type.
- With a focus on price, how does neglecting the quality of the performance impact the success of a contract?
- What encompasses effective contract management in the public procurement process?
