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THE IMPACT OF PROCUREMENT
SYSTEMS ON CONSTRUCTION COST AND DELIVERY
CHAPTER ONE
INTRODUCTION
In
the past, huge sums of government money have been siphoned through the
processes of contract awards. A major
thrust of this administration therefore, is the acceptance of Procurement
Reforms Act as a tool for embracing transparency, competition, fairness,
integrity, openness and value for money in the procurement reforms Act and seek
the support of all governance for the implementation of the scheme in various
ministries and government parastatals.
The
researcher intends to analyze on procurement reforms Act as a tool for cost
savings and accountability in Kaduna Refining Petrochemical Company (KRPC)
considering the several abuses to rules and standards in the award and
execution of contracts. These abuses are in the form of over-invoicing,
inflation of contract costs, proliferation of white elephant projects, poor
project delivery, overpayment as well as manipulations of the processes leading
to the award of contracts.
The
Kaduna Refining and Petrochemical Company is in the business of refining Crude
oil into valuable petroleum and petrochemical products and manufacturing and
packaging products efficiently. And the way and manner in which procurement
practices are carried out is of great concern to the researcher.
The
edifice is a process plant designed to run steadily with minimum operating
costs so as to make profit. In order to achieve this notable objective, it is
imperative that replenishment drives are made to ensure that operational spare
parts are readily available in the warehouse.
Since
over seventy percent (70%) of the company’s expenditure is in the area of
materials procurement. It is with this realization in mind that several efforts
have been made by both corporate and the subsidiaries management to control and
regulate materials management activities, especially in the area of procurement
of materials in order to save cost and enhance company’s operations. In this
project the terms procurement and purchasing would be used interchangeably.
1.1
Background
of the Study
The
researcher developed interest to write on this topic because of personal
interest in procurement reforms act and persona interaction with some staff who
work in the procurement department under the umbrella of material management
department (MMD) in Kaduna Refining and Petrochemical Company (KRPC).
The
researcher got an insight into the procurement activities of the company the
company and the problems facing them and therefore feels that it would be of
great benefit to the company to conduct a detailed study into its purchasing
departments with the aim of identifying the problems and after necessary
suggestions toward the solution of such problems for effective and efficient
operations of the company, Kaduna Refining and Petrochemical Company (KRPC).
1.2
Statement
of the Problem
The
Material Management Department (MM) of the KRPC Ltd operates in an integrated
form to make materials available in the warehouses because the spare parts are
stored.
“JUST
IN CASE” for timely maintenance intervention or as the need may arise.
However,
KRPC has taken a back seat in the implementation of the provisions of the
Procurement Refining Act. Also, the statement of the general problem is the
non-adoption of the Procurement Refining Act in KRPC Ltd.
And
over the years there have been incessant cases where critical material needed
for maintenance intervention and other requests, are either over-stocked,
under-stocked or out of stock. The scenario depicts the existence of
procurement deficiencies in the area of planning, replenishing, coding and
inventory control which affects plant sustainability in KRPC Ltd. Besides 2008
annual stock taking in KRPC revealed the available materials to the value of N8
billion which could be used for other purposes.
1.3
Objectives
of the Study
The
study is geared towards achieving the following objectives:
·
Outline the risks
associated with non-implementation of the provisions of the procurement Act in
KRPC Ltd.
·
Determine the impact
of the non-implementation of Procurement Reforms Act to the organization.
·
Examine the factors
responsible for the non-implementation of the Act in KRP Ltd.
·
Suggest or proffer solutions
to the problems.
1.4
Significance
of the study
The
benefits derivable under this study can be seen below:
·
It serves as a guide
for the organization in which the researcher as chosen as a case study i.e.
KRPC.
·
It is meant for
students for are willing to embark on further studies in this perspective.
·
It is a prerequisite
for an award of Higher National Diploma (HND) in purchasing and supply.
1.5
Scope
of the Study
The
scope of this research work shall be limited to Kaduna Refining and
Petrochemical Company particularly the department under the umbrella of
material management department.
The
researcher also aimed at analyzing the procurement reform act as a tool for
cost savings and accountability in KRPC.
Also,
comparative notes shall be made where necessary with other department within
KRPC.
1.6
Research
Questions
i)
What are the risks
associated with the non-implementation of Procurement Reforms Act in KRPC?
ii)
How does the
non-implementation of the Procurement At affect the organization?
iii)
What are the factors
responsible for the non-implementation of the Procurement Reform Act?
iv)
What are the remedies
for solving these problems?
1.7
Definition
of Terms
-
Procurement: Means
purchasing and/or supplies.
-
Supplier:
This is the term used to describe a seller of goods or items in a given place.
-
Inventory:
This refers to the list of goods or items in a given place.
-
Quotation:
Is a list showing the prices of items.
-
Purchase Order:
It is an order in a printed firm to transmit the company’s requirement to
supplies.
-
Negotiation:
Is a term used to arrive at a final and reasonable price.
-
Specification:
This is the information by the buyer to supplier indicating descriptions
dimension and analysis performance of a product.
-
Public Procurement:
Means the acquisition by means of goods, works or services.
-
Efficiency:
Means the ability to minimize the use of resources in achieving organization’s
objectives i.e. doing the right thing.
-
Effective:
Means producing the result that is wanted or intended.
-
Due Process:
Is a mechanism for ensuring strict compliance to rules and procedures that
should guide contract award.
-
BMPIU:
Budget Monitoring and Price Intelligent Unit. This is the unit tasked with
implementing Nigeria’s public procurement reform programmes.
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