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The Public Procurement and Asset Disposal Act of Kenya governs the procurement of goods, services, and works by public entities and the disposal of public assets. It aims to ensure that procurement processes are transparent, efficient, and accountable, thereby promoting good governance and value for public funds.
The Act sets out the procedures for public procurement, including the preparation and issuance of tenders, bid evaluation, contract awarding, and management. It also provides guidelines for the disposal of public assets, ensuring that such disposals are conducted in a manner that maximizes returns and minimizes waste. The Act establishes a regulatory framework that includes procurement committees, oversight bodies, and mechanisms for resolving disputes.
The Act has been updated to address challenges such as e-procurement and the need for greater accountability in public procurement. Reforms include the adoption of digital systems for procurement processes, enhanced reporting requirements, and stricter controls on procurement practices. These updates aim to align Kenya’s procurement practices with international standards and improve the overall efficiency of public spending.
The objective of the Public Procurement and Asset Disposal Act is to promote fairness, transparency, and competition in public procurement processes. It seeks to prevent corruption and mismanagement, ensuring that public resources are utilized effectively and that the procurement process is conducted with integrity.
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