Delivering value for money

Procurement is only one of a number of mechanisms that can be used to achieve a Government objective or to deliver a Government policy. You should not assume that procurement is always the best option. Introduction to Public Procurement explains this in more detail.  The Green Book will help you to appraise the costs and benefits of any new policy or project to ensure that value for money will be achieved. If you decide that procurement is the most desirable policy delivery mechanism, this should be justified against the other options.

Government’s policy on procurement is to buy the goods and services it needs through a fair and open procurement process, guarding against corruption and seeking to ensure value for money, with due respect to propriety and regularity. Delivering value for money in procurement means securing the best mix of quality and effectiveness for the least outlay over the whole lifetime of the goods or services, from purchase through to disposal.

• Our Policy on Value for Money (PDF, 319KB)
• Our Policy on Contract Management (PDF, 163KB)
• Our Policy on Market Management
• Our Policy on Prompt Payment (PDF, 31KB) 
• Our Policy on Intellectual Property Rights (IPR) in Public Procurement (PDF, 76KB)  Supplementary Guidance Note (PDF, 100KB)  
• Our Policy on eProcurement (PDF, 1.2MB)
• Managing Public Money  For guidance on the proper handling of public funds. 
• Contract Management in Complex Projects

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