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Kenya Subsidiary Legislation, 1994 554 LEGAL. L NOTICE No. 123 THE INSURANCE (AMENDMENT) ACT, 1993 (No.5 01.1993) COMMENCEMENT IN EXERCISE of the powers conferred by section 1 of the Insurance (Amendment)

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What is public procurement and disposal?

Public procurement and disposal refer to the process of acquiring goods, services, or works by a government entity or organization in accordance with specified procedures and regulations. It involves soliciting bids or proposals from potential suppliers and selecting the most suitable one to meet the entity's needs. Disposal, on the other hand, refers to the process of getting rid of assets or properties that are no longer needed or usable by the government entity.

Who is required to file public procurement and disposal?

Public procurement and disposal filings are typically required to be made by government entities or organizations that are involved in the acquisition of goods, services, or works using public funds. This can include various levels of government, such as federal, state, or local agencies, as well as public institutions like schools or hospitals.

How to fill out public procurement and disposal?

The process of filling out public procurement and disposal forms can vary depending on the specific regulations and procedures of the governing entity. However, generally, it involves providing detailed information about the procurement or disposal activity, such as the description of goods or services needed, the estimated value, the selection criteria, and the timeline for the process. It may also require attaching supporting documents like contracts, bid evaluation reports, or disposal records.

What is the purpose of public procurement and disposal?

The purpose of public procurement and disposal is to ensure transparency, competition, and efficiency in the acquisition of goods, services, or works using public funds. By following established procedures and regulations, public entities aim to prevent favoritism, corruption, and wastage of resources. It also contributes to promoting fair business practices, fostering economic development, and achieving value for money for the taxpayers.

What information must be reported on public procurement and disposal?

The information that must be reported on public procurement and disposal can vary depending on the regulations and requirements of the governing entity. However, commonly reported information includes the description of the goods or services procured or disposed of, the name and contact details of the supplier or contractor, the value of the contract, the procurement method used, and the date of the award or disposal. Additional information like evaluation criteria, selection process details, or reasons for rejection may also be required.

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