Description
Course outline
The Public Procurement Act brings about significant changes in the procurement landscape in South Africa. Public procurement accounts for a significant portion of government expenditure. The government spends almost one trillion Rand or twelve % of the gross domestic product annually. This presents the government with an opportunity to address socio-economic challenges by incentivising the private sector to engage in behaviour that will contribute to addressing these challenges.
This session explores some of the changes introduced by the Public Procurement Act and how it will impact public and private organisations.
Content:
Highlights of the impact of the Public Procurement Act on public and private sector organisations in South Africa
1. Context of the Public Procurement Act
2. Legislation affected by the Public Procurement Act
3. Six significant changes introduced by the Public Procurement Act
a. The Act’s applicability
b. The introduction of the Public Procurement Office
c. Preferential procurement
d. Determinations for integrity, prohibition of certain practices and disbarment
e. Enhanced transparency
f. Dispute resolution mechanism
4. Implementation challenges for public sector entities
5. Opportunities for private sector organisations
6. Conclusion
Important to note:
- The course is open for 12 months and will then close
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A recording will be made available after the session. The recording will be available even if you were not able to join the session, and thus no refund will be applicable.
