PUBLIC PROCUREMENT NEWS

  

News

15 March 2013

OECD report looks at reforming public procurement to drive growth

Public procurement, once seen as merely an administrative necessity, is increasingly viewed as a means to achieve strategic objectives, particularly in the area of sustainability. A new report from the OECD Public Procurement for Sustainable and Inclusive Growth: Enabling reform through evidence and peer reviews, aims to help governments in reforming procurement policy and practice, changing it into a tool to reach strategic goals.

The report outlines achieving savings in times of austerity through better procurement practices, delivering more effective public services, the link between procurement and sustainable development and transforming procurement into a strategic function which contributes to a more sustainable future. Each section is supplemented with case studies from different regions of the world, as well as pertinent figures and statistics.

The document ends with a list of seven lessons learned from the OECD Public Procurement Reviews, in which peer reviews were conducted to help countries assess their procurement systems against OECD guidelines. The lessons learned range from ensuring a strategic position for the government function to ensure sound stewardship of public funds, to developing evidence to monitor the performance of the procurement system.

To view the report, click here.