Implementation Analysis of Government Procurement Policy to Increase Value for Money

13 Pages Posted: 22 Feb 2022

See all articles by Bona Silalahi

Bona Silalahi

Trisakti University - Faculty of Economic and Business (FEB)

Victor Siagian

Trisakti University - Faculty of Economic and Business (FEB)

Rinaldi Rustam

Trisakti University - Faculty of Economic and Business (FEB)

Date Written: August 10, 2021

Abstract

This study wants to analyze whether the implementation of the Government's Procurement in Indonesia has applied the Value for Money principle by using the Public Policy Analysis method and the Qualitative Descriptive method. The results showed that the principles of efficient, effective, transparent, open, competitive, fair and accountable on government procurement were not fully implemented. The current procurement implementation turns out to be very less competitive, less transparent and fair among all the principles that have been violated. Based on these results, it is recommended that this research proceed to the Evaluation stage of the Government Procurement Policy.

Keywords: Public Policy, procurement, value for money

JEL Classification: H57

Suggested Citation

Silalahi, Bona and Siagian, Victor and Rustam, Rinaldi, Implementation Analysis of Government Procurement Policy to Increase Value for Money (August 10, 2021). Available at SSRN: https://ssrn.com/abstract=3988798 or http://dx.doi.org/10.2139/ssrn.3988798

Bona Silalahi (Contact Author)

Trisakti University - Faculty of Economic and Business (FEB) ( email )

West Jakarta, 11440
Indonesia

Victor Siagian

Trisakti University - Faculty of Economic and Business (FEB) ( email )

West Jakarta, 11440
Indonesia

Rinaldi Rustam

Trisakti University - Faculty of Economic and Business (FEB) ( email )

West Jakarta, 11440
Indonesia

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