Compare and contrast Key features Of procurement process in the public and private sectors.

Similarities.

1. Provides goods, works and services to the public.

Contrast.
1. Funding government funds public, private is funded.
2. Public procurement is governed by PPRA. Private is not.
3. Open tendering is the preferred method for public procurement while direct or selective method for private.
4. Public procurement is directed with the ACT and private is governed by company policies.
5. Private render goods and services for profit while public render goods and services to provide.
6. Private sectors information is not for public use or sharing. Public share Information.