Month: February 2022

The legal framework of Kenya‘s public procurement system was strengthened with the enactment of the Public Procurement and Disposal Act 2005which came to operation on 1st January 2007 with the publication of the Public Procurement and Disposal Regulations 2006. The Read More …

This interactive tool has been developed to guide members through the procurement process An optimized procurement process can lead to significant savings From a business perspective, the most obvious benefits of an effective procurement process are financial. Productively managing procurement Read More …

Public Entities are responsible for carrying out all the procedures pertaining to the complete procurement cycle. It is important to be familiar with the complete procurement cycle and to ensure that there are effective management procedures in place to properly Read More …

FACTORS AFFECTING EMPLOYEE SATISFACTION WITH REWARD SYSTEMS The degree to which one is satisfied with the reward system is related to the following: – Fairness Expectation and value Internal comparisons External comparisons Self evaluation Total reward package a) Fairness Is Read More …

REWARD POLICY A policy is a guideline that helps managers make day-to-day decisions. Reward policy is an organizations’ statement on the implementation of reward management and strategies required, to achieve the reward policy. A reward policy is a broad expression Read More …

A public private partnership (3Ps) is a government and one or more private sector companies. 3Ps involves a contract between public sector authority and a private party provides a public service or project and assumes substantial financial, technical and operational Read More …

Third sector procurement is defined as procurement by non-governmental organizations which are value-driven and which principally re-invest their surpluses to further social, environmental or cultural objectives. It includes voluntary and community organizations, charities, social enterprises, cooperatives etc. Third sector organizations Read More …

Private sector procurement, on the other hand, is the process of acquiring goods and services to satisfy the needs of a particular private entity (usually a business, for profit or not). These are goods and services needed for (i) the Read More …

Public sector procurement is the process of acquiring goods and services for the operation of government and to provide public services. It is carried out within a specific legal framework based on certain principles aimed at making the fulfillment of Read More …