Adding Value by Cost Reduction in Public Sector Tendering Process

Abstract

This thesis focuses on the value addition activities in public sector tendering process through cost reduction with reference to Public Works Department repair and maintenance contracts. The premier infrastructural execution agency of Bangladesh Government, Public Works Department (PWD) has great responsibilities in utilizing the funds allocated to them for the purpose of repair and maintenance works. This requires, in addition to others, process efficiency which ensures smooth and less time consuming transition from one stage to another. More importantly, it can be argued that these repair and maintenance works attract greater importance as there is a possibility of a much higher Value for Money (VFM) through increasing efficiency.