The Procurement Department plays an integral part of the corporation and is a crucial role in the purchasing process. This department encompass all steps in acquiring goods, works, and services at competitive prices from external suppliers. Their role also includes developing strong relationships with the suppliers and negotiating contracts.
A strong procurement department not only secures the best deals but also cultivates lasting relationships with suppliers, negotiating contracts, maintains open communication about changes in material needs, and plans for seasonal demands. Procurement aims to ensure that the organization gets the resources it needs to succeed at a cost that maximizes value and minimizes risk.
Governance under the PPDPP Act:
At TPRC, the procurement department operates under the governance of the Public Procurement and Disposal of Public Property (PPDPP) Act, which is critical to ensuring accountability and efficiency in each procurement processes.
What is the PPDPP Act?
It is an ACT to provide for public procurement, and for the retention and disposal of public property, in accordance with the principles of good governance, namely accountability, transparency, integrity and value for money, the establishment of the Office of Procurement Regulation, the repeal of the Central Tenders Board Act, Chap. 71:91 and related matters.
The following links contains relevant information about the OPR and procurement process.