Achieving value for money through procurement – Part 2: DFID’s approach to value for money through tendering and contract management
Today ICAI is publishing its second review into DFID’s procurement practices, looking at DFID’s £1.4 billion yearly spend through commercial suppliers.
The review praises DFID for many of its reforms, including codes of conduct to protect against collusion and conflicts of interest, and increased early market engagement to gauge the level of competition.
However, the review also found that an ageing management information system was not fit for purpose, with an inadequate audit trail and an estimated additional yearly cost of £2.2 million to manage processes manually.
Read the full review online to find out more.