Comparison of Public Procurement systems in Ireland and Saudi Arabia Using Stakeholder Theory
ABSTRACT
The public procurement process of any country is based on the principle of achieving better value for money. This is to say, proper planning, selection, and awarding of contracts must be given based on financial or economic considerations. Public procurement has been tipped to be a key factor particularly in stimulating economic growth. As a result, countries are thus obliged not only to identify the suitable procurement method that suits their needs but also one that guarantees maximum benefits of the award outcomes.
There are two prevailing procurement award criteria acquisition based on the lowest price criterion or through the most economically advantageous tender criterion. Therefore, considering that each system aims at providing the best value for money, this study will empirically examine which of the beforementioned systems works best towards achieving its intended objectives. However, through in-depth multiple case studies, we reframe and explore how award criteria works under different economic, political, legal, context and at the same time read deeper into the outcomes that both approaches have resulted in the Irish and Saudi Arabia regimes respectively. Saudi Arabia uses the traditional procurement system that mainly accentuates purchase based on the lowest price, this is contrasted with that of Ireland and allows researchers to comprehensively draw clear analysis between the two systems and draw conclusions on which one functions better to guarantee healthy market competition, and at the same time result in securing value for money.
AUTHORS
PhD Student
Dhafer Al Ahmari
dhafer.alahmari2@mail.dcu.ie
&
Supervisor
Dr Paul Davis
paul.davis@dcu.ie
School of Business, Dublin City University, Dublin, Ireland.
I would like to confirm attendance at both the conference and doctoral colloquium.
