The findings of this research are expected to answer the following research questions: To what extent do key stakeholders of the procurement process understand the requirements of the Public Procurement Act, 2003 (ACT 663) of Ghana? What factors delay procurement activities in the public sector? To what extent has the implementation of the Public Procurement Act, 2003 (ACT 663) ensured transparency and accountability in the utilization of public funds? Has the implementation of Public Procurement Act, 2003 (ACT 663) influenced government spending? What are the main challenges encountered in implementing the provisions of the Public Procurement Act, ACT 663?
Procurement is seen as a strategic fiscal policy or programme used to observe effectiveness and efficiency in the public financial management system of Ghana. As an economic tool for accomplishing national objectives, procurement activities should be adequately planned and executed to realize the following: rapid improvement in resource mobilization, improvement in managing and maintaining debt sustainability effectively, enhancing the public expenditure framework of the country, improvement in revenue generation and a reduction in economic and financial slavery. Key objects of the Public Procurement Act, 2003 (ACT 663) includes the following: harmonization of all public procurement processes within the public sector, ensuring public funds are utilized judiciously, economically and efficiently to achieve value-for-money, promoting fairness and competition in public procurement, and maintaining and improving high standards of transparency and accountability to eliminate fraudulent practices in public procurement.
Unfortunately, little efforts have been made to evaluate the impact of the causes of delay in the implementation of the Procurement Act, the impact of the Act on government expenditure, savings and debt management, as well as transparency in the utilization of public funds. This research is therefore aimed at obtaining requisite data to evaluate the causes of the delay, impact of the Procurement Act on public financial management as well as the impact of the Act in ensuring high level of transparency in the spending of public funds.
Inhaltsverzeichnis (Table of Contents)
- CHAPTER ONE
- GENERAL INTRODUCTION
- 1.1 Background of the research
- 1.2 Research Problem Statement
- 1.3 Research Questions
- 1.4 Research Objectives
- 1.5 Relevance of the Research
- 1.6 Research Scope
- 1.7 Research Limitations
- 1.8 Research Organisation
- CHAPTER TWO
- OVERVIEW OF PUBLIC FINANCIAL MANAGEMENT AND PUBLIC PROCUREMENT SYSTEM
- 2.1 Introduction
- 2.2 Definition of Key Concepts
- 2.3 Public Financial Management
- 2.4 Transparency and Accountability
- 2.5 Bureaucracy
- 2.6 Government Expenditure and Budgetary Control
- 2.7 Conceptual Definition of Procurement
- 2.8 Best Practices and Significance of Public Procurement
- 2.9 Public Procurement Practices in Sweden
- 2.10 Curtailing Bribery and Corruption in Public Procurement in Asia and the Pacific
- 2.11 Public Financial Management Reform Programme (PUFMARP)
- 2.12 Structure of Ghana's Public Procurement Act, 2003 (ACT 663)
- 2.12.1 Procurement Process Model
- 2.13 Drivers for Accomplishing Procurement Objectives
- 2.14 Criteria for Choosing Successful Suppliers/Vendors
- 2.15 Challenges in Ghana's Public Financial Management System
- 2.16 Enhancing Public Expenditure Management System in Ghana
- 2.17 Rules and Regulations Governing Public Procurement Procedures in Ghana
- 2.17.1 Procedures for the Award of Procurement Contracts
- 2.18 Challenges of Public Procurement and Effects of Poor Procurement
- CHAPTER THREE
- RESEARCH METHODOLOGY
- 3.1 Introduction
- 3.2 Research Design
- 3.3 Population and Sampling Size
- 3.4 Sampling Technique
- 3.5 Sources of Data
- 3.6 Instruments for Obtaining Data
- 3.7 Data Analysis and Presentation
- 3.8 Ethical Considerations
- CHAPTER FOUR
- RESULTS AND ANALYSIS OF FIELD DATA ON THE PUBLIC PROCUREMENT ACT, 2003 (ACT 663) AND PUBLIC FINANCIAL MANAGEMENT
- 4.1 Introduction
- 4.2 Profile of Study Areas
- 4.2.1 Regional Medical Stores, Koforidua, Eastern Region
- 4.2.2 Hawa Memorial Saviour Hospital, Osiem, Eastern Region
- 4.3 Background and Characteristics of Respondents
- 4.3.1 Working Experience of Respondents
- 4.4 TRANSPARENCY IN PUBLIC PROCUREMENT
- 4.4.1 Availability of Written Records of Procurement Activities
- 4.4.2 Tender Invitation and Opening
- 4.4.3 Tendering Methods
- 4.4.4 Appeal Cases or Disputes and its Resolution Mechanisms
- 4.4.5 Time for Opening Tendering and Mode of Opening
- 4.4.6 Internal Quality Control and Auditing of Procurement Activities
- 4.5 CAUSES OF DELAY IN PUBLIC PROCUREMENT ACTIVITIES
- 4.5.1 Time Period for the Preparation of Procurement Plan
- 4.5.2 Duration for Advertisement and Evaluation of Tender Documents
- 4.5.3 Duration for Payment of Suppliers
- 4.5.4 The Public Procurement Act, 2003 (ACT 663) as cause of delay in Procurement Activities
- 4.5.5 Compensation for delay in Payment of Suppliers and its Consequences
- 4.5.6 Cumbersome Procedures in Public Procurement
- 4.6 EXPENDITURE CONTROL
- 4.6.1 Auditing of Procurement Activities
- 4.6.2 Market Survey
- 4.6.3 The Public Procurement Act, 2003 (ACT 663) and Value-for-Money/Cost of Business
- 4.6.4 Expenditure and Budgetary Control of Procurement Activities
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This research investigates the impact of Ghana's Public Procurement Act, 2003 (ACT 663) on the utilization of public funds, identifies causes of delay in the procurement process, and examines the law's impact on government expenditure. The study focuses specifically on the Ghana Health Service in the Eastern Region.
- Evaluating the effectiveness of the Public Procurement Act in promoting transparency in public funds utilization.
- Identifying and analyzing the factors contributing to delays in the public procurement process.
- Assessing the influence of the Public Procurement Act on government expenditure control.
- Examining the challenges and opportunities associated with implementing public procurement reforms in Ghana.
- Exploring the impact of the Public Procurement Act on the overall efficiency and effectiveness of public financial management in Ghana.
Zusammenfassung der Kapitel (Chapter Summaries)
Chapter One introduces the research, providing background information on the Public Procurement Act, 2003 (ACT 663) and outlining the research problem, questions, objectives, scope, and limitations. Chapter Two presents a comprehensive overview of public financial management and public procurement systems, exploring key concepts, best practices, and challenges. It delves into the specifics of Ghana's public procurement system and its legal framework.
Chapter Three outlines the research methodology employed in the study, including the research design, population, sampling techniques, data collection methods, and data analysis approaches. Chapter Four presents the results and analysis of field data collected on the Public Procurement Act and its impact on public financial management, focusing on transparency, delays, and expenditure control. This chapter delves into the findings related to tendering processes, payment procedures, and other key aspects of the procurement process.
Schlüsselwörter (Keywords)
Public Procurement Act, 2003 (ACT 663), Public Financial Management, Transparency, Accountability, Delays, Expenditure Control, Ghana Health Service, Eastern Region, Procurement Process, Government Expenditure, Public Funds, Corruption, Reform.
- Quote paper
- Edward Odum Forson (Author), 2014, The Impact of Public Procurement Act, 2003 (Act 663) on the Public Financial Management System of Ghana, Munich, GRIN Verlag, https://www.grin.com/document/508696
