Public procurement and procurement law in Nepal
Public procurement means to obtaining or to procuring goods, consultancy services and other service and procurement or causing procurement of Construction work by the government, government institution and government funded institutions.
Procurement law generally administers the process of how public entities acquire goods, consultancy services and construction projects from the vendors. Simply any government and non-governmental agency must follow the rule of procurement of Nepal to get the materials and services in transparently and legally.
Normally there are two types of procurement. One is private procurement and next is public procurement. The procurement concept has developed on the basis of the principle of accountability, impartiality, transparency, ethics, efficient and effectiveness reliability, service, justice and environmentally friendly.
Primarily, Public Procurement Act, 2063 and Public Procurement Regulation, 2064 are the laws which govern the procurement in Nepal. LegalZoom offers the legal service in Public procurement in Nepal for best and professional legal service in Nepal.
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