Procurement
Procurement is the process of acquiring goods, works and services from third parties. In other words, it covers everything from paperclips to major infrastructure schemes.
The process includes options appraisal (the ‘make or buy’ decision). In major projects this is a key stage. Councillors and those with delegated authority will often be called upon to consider a range of options set out in a ‘business case’ and to decide which option will be pursued.
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