Monday, January 21, 2013

Review of Government Procurement

I get the impression that our government agencies are paying too much for their procurement. The Brompton bike is only the tip of the iceberg. Anecdotal evidences suggest that the over-payment is rampant and systemic.

I suspect that our government agencies are over-relying on "world class procurement processes" that produce these ridiculous outcomes. It is better for them to rely more on "common sense" coupled with simple process, transparency and accountability.

We have now got the disease of over-paying for government procurement. Our procurement process needs to be reviewed.

1 comment:

Tan Choon Hong said...

Could have picked up some bad habits imitating reluctant godfather Uncle Sam who was hit by US$400 screw drivers, $237 vehicle side mirrors, $210 tyre tubes from his defence contractors, just to mention a few.

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