Contract Management, Public Bidding and Transparency

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Key Principles of Public Procurement: Transparency, Value, and Fairness

Tracker Intelligence

FEBRUARY 22, 2025

This guide examines the fundamentals of public procurement, including fairness, value for money, and transparency, and how they influence both ethical and effective procurement procedures. A transparent approach lowers procurement risk, prevents corruption, and fosters confidence between suppliers and public sector organisations.

Public Procurement

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Key Principles of Public Procurement: Transparency, Value, and Fairness

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