Technical Note
PUBLIC SECTOR PROCUREMENT STAGE 7: ADMINISTERING CONTRACTS
INDUSTRY :-
AREA :PRODUCTION & OPERATIONS MANAGEMENT
ORGANIZATION :-
LENGTH :45
LUMS No :03-839-2014-2
PUBLICATION YEAR : 2014
ABSTRACT:
This reference note is the last one in a sequence of eight technical notes written to introduce basic elements of the public sector procurement process as envisaged by the Public Procurement Regulatory Authority Pakistan. Generally, all the eight notes elaborate the steps that need to be followed to ensure that the procurement process is in compliance with Public Procurement Rules 2004, and that the objectives of procurement principles are achieved. After going through these readings, the reader will have a comprehensive understanding of the complete lifecycle of the public sector procurement process, along with the key principles of public sector procurement. Specifically, Stage 7 of the procurement process provides a general procedure for administering contracts determined by the terms and conditions of each individual contract, following the issuance of a contract document or purchase order.