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The Role Of Transparency In Tenders In Order To Maintain The Public Interest And The Rights Of Suppliers

Journal: International Journal of Scientific & Technology Research (Vol.6, No. 9)

Publication Date:

Authors : ; ;

Page : 50-52

Keywords : Public Procurement; Tender; Transparency; competition; public interest;

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Abstract

The public tenders are very important instrument which the public sector uses to the allocation of great part of public expenditure for Welfare of citizens. Due to the the lack of resources and the optimal use of it in line with the public interest and the rights of tenderers tenders play a key role in the public sector operations they can be defined as an instrument to increase the effectiveness of the public sector as a whole. But with the conflict of interests of the public and private sector there needs to be transparency so that the rights of the parties to maintain and public confidence in the state increase. Transparency in Tenders cause the Suppliers that win the bids are those with the best product at the best price targeted at achieving the best outcome. This paper examines the concept and types of tenders for the effects of transparency in government tenders.

Last modified: 2017-10-22 19:57:31