Which of the following is NOT a key principle of public procurement?Question 9Answera.Accountabilityb.Integrityc.Efficiencyd.Confidentiality
Question
Which of the following is NOT a key principle of public procurement?
Question 9
Answer:
- a. Accountability
- b. Integrity
- c. Efficiency
- d. Confidentiality
Solution
Analysis of Key Principles of Public Procurement
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Definition of Public Procurement: Public procurement refers to the process by which governments and other public sector entities acquire goods, services, and works from the private sector. It aims to ensure that public sector expenditures are conducted in a transparent, efficient, and fair manner.
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Key Principles:
- Accountability: This principle ensures that procurement officials are responsible for their actions and that there are mechanisms in place to evaluate and audit their performance.
- Integrity: Integrity in public procurement implies honesty and adherence to moral and ethical standards, preventing corrupt practices.
- Efficiency: This principle emphasizes the optimal use of resources to achieve the best possible outcome in procurement processes, ensuring that goods and services are acquired in a cost-effective manner.
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Confidentiality: While confidentiality can be important in certain aspects of procurement (such as protecting sensitive information), it is not considered a core principle in the same way that accountability, integrity, and efficiency are.
Final Answer
The option that is NOT a key principle of public procurement is d. Confidentiality.
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