 Foundations of public procurementSpencer T. Brien Chapter 18 in Research Handbook on Public Financial Management, 2023, pp 326-340 from Edward Elgar Publishing Abstract: Public procurement is a core function of public administration. The act of government purchasing ties directly to the basic social contract between the state and the public. The state employs resources obtained through taxation to purchase goods and services that are to be used in the public interest. The fiduciary responsibility to be good stewards of public resources while wielding this purchasing power is inherent to public service. The enormous magnitude of resources engaged in public procurement reflects the scale of this responsibility. As new researchers approach questions relating to government purchasing, it is important to develop a familiarity with the foundations of inquiry in this area. This chapter is organized around five topics that provide context for many of the problems and questions in the fields of public procurement and contract management. In combination with the subsequent two chapters of this book, this is intended to provide a helpful start for research on procurement systems. Keywords: Business and Management; Economics and Finance; Politics and Public Policy (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:20388_18 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Chapters from Edward Elgar Publishing |
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