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government procurement codes

John O'Connell


Subject Business and Management » International Management


Extract

The rules and practices associated with the purchase of goods and services by a government entity. These are important because governments are a very large market for the sale of goods and services of all kinds. If procedures are not strictly followed parties seeking to sell goods or services will be precluded. Another problem associated with government procurement is that preferences may be given to domestic goods or services over those imported, regardless of cost or quality. Although such preferences are frowned upon by the General Agreement on Tariffs and Trade (GATT), the practice is very common. ... log in or subscribe to read full text

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