Contract management practices in World Bank and PPR 2008 : a comparative study

Abstract

Public Procurement always tries to achieve value for money and assure best service through maintaining transparency and accountability in spending fund provided by Government or other development partners. These spending are regulated by Public Procurement Regulation. The Public Procurement Act (PPA 2006) and Public Procurement Regulation (PPR 2008) were made effective with effect from 31 January, 2008. The regulation PPR 2008 is strictly followed by various public sector organizations in public procurement of Bangladesh. On the other hand, development partners like the World Bank and others also have their own procurement guideline. Contract management is a process what starts from selecting supplier to completing the project. It may be assumed that not all contract management issues have same level of clarity or complexity- some may have advantageous features over others. So it is expected that if these procurement guidelines and & standard contract documents could be thoroughly compared, analyzed and contextualized with respect to Bangladesh, we would be able to understand which one works well in which managerial context. In view of aforesaid perspective, this research is intended to carry out a comparative study on few selected contract management issues being faced in the field of procurement- which are being practiced by the public sector organizations and different development partners operating in Bangladesh.