Public Procurement Fundamentals

Naushad Khan was the lead Procurement Specialist at the World Bank until his retirement in 2011, where he is now Procurement Consultant. He is the Founder of the Central Asia Regional Public Procurement Forum and South Asia Conference, and a leading procurement specialist.

Public procurement systems around the world are mostly based on the same basic principles of economy, efficiency, transparency, and fairness, says Khan, to which many entities add value for money, fit for purpose, and integrity. It is these commonalities that he considers as he discusses what public procurement is, who does it and for whom: organization and capacity, how it is done: procurement cycles and procedures, contract management, how it is controlled: risks to procurement and their mitigation, and new tools of public procurement.

• Foreword 1. What is Public Procurement - Introduction 2. Who Does It and For Whom - Organization and Capacity 3. How It Is Done - Procurement Cycle and Procedures 4. Contract Management 5. How It Is controlled - Risks to Procurement and Their Mitigation 6. New Tools of Public Procurement Appendix A, Simple Step-by-Step Generic Procurement Manual Appendix B, Additional Readings