Impact Measurement of Procurement Practices on Value for Money in the Gambian Public Sector: An Empirical Study

This study investigated the effect of public procurement processes on Value for Money (VFM) in National Disaster Management Agency. The objectives of the study was to determine the effect of procurement packaging on value for money in NDMA, establish the effect of procurement method on value for money in NDMA and investigate the effect of procurement scheduling on value for money in NDMA. The study employed a descriptive survey method. Primary data with aid of a structured questionnaire were adopted. Pearson’s Correlation coefficient analysis was employed to test the hypothesis. Findings revealed that procurement packaging, procurement method and procurement scheduling all significantly affects value for money. The study concluded procurement planning affects value for money. The study made the following recommendations: the need for procurement officers to use good procurement packaging where they allow bidders to submit bids for one or multiple lots; the need for procurement officers to embrace all procurement methods depending on the circumstance and the nature of the project so as to be as comprehensive as possible since each procurement method has its own advantage; the need for procurement officers to involve stakeholders and superiors in project scheduling so as to streamline any inconsistency. Keywords: Public Procurement, Public Sector, Resource Based View, Value for Money