Question Tag: Due Process

Benefits of Due Process in Public Procurement
i) The entity will safeguard its public funds and assets
ii) It will improve its system of fiscal management through more efficient and effective use of public monies.
iii) It will enhance transparency and accountability in its management and
procurement processes.
iv) It will be able to build public confidence in its financial activities.
v) It will practice efficient use of resources through competitive bidding and value for money.
vi) It will improve its financial planning system.
(4 points for 4 marks)