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Public procurement refers to the purchase of goods, works and services by the public sector (and organizations funded in the main through public monies).
In Ireland, as undoubtedly in many other countries, interest in public procurement appears to be inversely related to the fortunes of the economy. In times of economic prosperity the procurement of goods and services by public sector organizations has tended not to be a primary consideration for politicians, policy makers or industry representative groups. However, in recent years public procurement has moved center stage for both the public and private sectors of the economy. For central government, the strategic management of procurement across the public sector has assumed priority status. Expenditure by public sector organizations on a range of goods and services is coming under increasing scrutiny with a view to realizing cost savings.