Procurement methods and procurement performance amongst state corporations under the national treasury of Kenya

Abstract

Procurement largely contributes to spending of the public entities funds, thus the procurement processes must be highly monitored on how the procurements processes are administered to ensure efficiency and effectiveness. The selection of the most appropriate procurement method is critical for state corporations as it is an important factor that contributes to the overall corporations‟performance. Procurement is an appropriate tool in the organisational performance, yet it has not been given the recognition it deserves in developing countries. Thus the main purpose of this study is to analyse procurement methods and procurement performance amongst state corporations under the National Treasury of Kenya. The study focused mainly on the procurement methods used by state corporations‟ under the National Treasury of Kenya and the relationship between the procurement methods and procurement performance in state corporations‟. The study adopted descriptive survey design and targeted seventeen (17) state corporations under the National Treasury of Kenya. Moreover, the study used both primary and secondary data whereby both correlation and multiple regressions were employed to determine relationship between and among the variables. A statistical package for social sciences (SPSS) version 20.0 was used for data analysis. From the study findings it was concluded that procurements methods affects procurement performance of state corporations thus recommended that state corporations should apply suitable procurement methods, policy makers in government, practitioners and stakeholders in Kenya should develop their awareness on procurement performance measurement for future procurement endeavors Awareness on procurement performance should be disseminated to professional bodies, state corporations and governmental agencies so as to monitor procurement performance