Pocurement
PROJECT WORK
NAME OF STUDENT:PATRICK NII-BOYE
REGISTRATION NUMBER:07085373
TOPIC:EVALUATION OF THE PUBLIC PROCUREMENT ACT(2003)ACT663 ON THE COST OF ACQUISITION OF GOODS. (A CASE OF ELECTRICITY COMPANY OF GHANA-TAKORADI)
CHAPTER ONE
1.0. INTRODUCTION
This chapter highlights briefly on essential elements through which the study intends to be conducted. This includes the background of the study, statement of the problem, objectives of the study, the research questions, the significance of the study, the scope of the study, the organization of the study among others. 1.1 BACKGROUND OF THE STUDY
In the past, public sectors in Ghana used to do their purchases without any procedure, many public officers especially the accountant procured from sources where they could gain personally but not where the organization will have the right material at the right price with the right quantity and delivered at the right time. These non-procedural purchases of materials in the public sectors in Ghana went on for some time until the then government of Ghana, under the leadership of his Excellency the former president John Agyekum Kufuor through the parliament of the republic of Ghana, enacted the six hundred and sixty-third act which was the public procurement act. The Public procurement act (Act 663) is a document that spells out the rules and procedures under which all public sector organizations in Ghana must go through before acquiring goods, works or services worth above a certain minimum. To clarify what public sector organizations are; the 1992 constitution of the republic of Ghana points out the organization that constitutes the public sector. For instance, the Customs Excise and Preventive Services (CEPS), Audit Service of Ghana, The Ghana Commercial Bank, The
NAME OF STUDENT:PATRICK NII-BOYE
REGISTRATION NUMBER:07085373
TOPIC:EVALUATION OF THE PUBLIC PROCUREMENT ACT(2003)ACT663 ON THE COST OF ACQUISITION OF GOODS. (A CASE OF ELECTRICITY COMPANY OF GHANA-TAKORADI)
CHAPTER ONE
1.0. INTRODUCTION
This chapter highlights briefly on essential elements through which the study intends to be conducted. This includes the background of the study, statement of the problem, objectives of the study, the research questions, the significance of the study, the scope of the study, the organization of the study among others. 1.1 BACKGROUND OF THE STUDY
In the past, public sectors in Ghana used to do their purchases without any procedure, many public officers especially the accountant procured from sources where they could gain personally but not where the organization will have the right material at the right price with the right quantity and delivered at the right time. These non-procedural purchases of materials in the public sectors in Ghana went on for some time until the then government of Ghana, under the leadership of his Excellency the former president John Agyekum Kufuor through the parliament of the republic of Ghana, enacted the six hundred and sixty-third act which was the public procurement act. The Public procurement act (Act 663) is a document that spells out the rules and procedures under which all public sector organizations in Ghana must go through before acquiring goods, works or services worth above a certain minimum. To clarify what public sector organizations are; the 1992 constitution of the republic of Ghana points out the organization that constitutes the public sector. For instance, the Customs Excise and Preventive Services (CEPS), Audit Service of Ghana, The Ghana Commercial Bank, The