Performance Audit Wing (PAW) has conducted two courses on Procurement Management in Performance Auditing and Contract Management in Performance Auditing which was attended 48 officers from across the country.
The PAW spokesman told media here Wednesday that the courses were focused to familiarize the participants to the concepts of procurement and contract management in performance auditing.
Main scope of Public Procurement Regulatory Authority (PPRA) is to regulate the public procurement of goods, works and services and the matters ancillary there to; within the ambit of the federal government whether within or outside Pakistan, he added.
The spokesman mentioned that prime objective of procurement is to reduce costs through more effective purchasing by buying wisely, efficiently, and ethically to obtain the best value for money.
Contract management, he said, enables to streamline and automate approach to manage existing contracts and creating new ones.
