Strategies for effective disposal of goods and equipment in public institutions

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Date
2014-09-01
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Abstract
Proper procurement of public goods and services is imperative for good economic management and addressing leakages of government funds. As a result, the public procurement and disposal of public assets should not be taken lightly. The disposal of goods and equipment are important parameters for gauging the efficiency of service delivery and development interventions in a country. The purpose of this study was to develop strategies for effective disposal of goods and equipment in public institution(s).The study adopted qualitative approach where relevant literature survey was used to collect data and used content analysis for the analysis of data. The journals used were twenty seven (27) and four (4) Public Procurement Acts were considered from Neighboring Countries and other relevant document(s).The study revealed that there were existing practices of disposal of goods and equipment. However, the study came out with these strategies; the institutions should code all asset when they procured goods and equipment into their outfit to determine longevity of the asset(s), professional independent body should examine every asset when they are due for disposal, certificate of disposal should be issued by standing disposal committee, methods of disposal should be approved by the head of institution, economic returns and finally, asset disposal plan that would be effective , efficient and economical in all government institution(s).The study recommends that, the institution(s) should train workers to become expert to do regular maintenance of electronic gadgets to curb frequent disposal of goods and equipment, developing disposal framework for all public institution(s) to make use of when the need arises, recycle goods and equipment when they are reducing to scraps and finally the officials of the institution shall not be allowed to use public asset when they are not on official assignment. It is expected that the strategies developed in this study will assist state institutions to disposal of goods and equipment effectively in order to achieve value for money.
Description
A thesis presented to the Department of Building Technology, Kwame Nkrumah University of Science and Technology, Kumasi in partial fulfillment for the award of MSc Procurement Management.
Keywords
Disposal, Goods, Equipment, Strategies
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