| answer text |
<p>The over-riding procurement policy requirement is that competitions must be based
on value for money, defined as “the best mix of quality and effectiveness” which encourages
free and open competition consistent with the public procurement regulations.</p><p>Profit
levels are determined using open and competitive procurement processes. DFID’s process
requires suppliers to provide full cost transparency both at bidding stage and throughout
the lifecycle of the programme which includes the ability for DFID to intervene if
original profit levels as bid are exceeded.</p>
|
 |
