Abstract

The main objective of this study was to examine how procurement procedures can be used as useful tool to achieve effective purchasing of goods and services in KCB-Headquarters. Then, the specific objectives of this study were to assess the effects of procurement procedures on effective purchasing of goods and services in KCB; to identify the effects of procurement transparency on effective purchasing of goods and services in KCB and to determine the effects of procurement rules and regulations on effective purchasing of goods and services in KCB. Researcher states problems including that KCB has been moving on the slow pace and is facing with obstacles because the big number of competitors still prefers to use the traditional process of procuring goods or services needed; the procurement procedures affects cost through public procurement, the level of competition in procurement is not optimal in public institutions, therefore this affects the cost of product and values of money in the institution. Researcher developed different related theories including the tendering theory as a theory of price determination; the tendering theory as decision theory; theory of auctions; and implications for tendering theory as a theory of pricing. The population of the study was 262 as employees of KCB Headquarters; where the selected and chosen sample size was 158 respondents who were taken randomly. The questionnaire; interview and documentation research techniques used in order to collect information. And then the SPPS was used during data analysis. According to the research findings obtained and which are related to the research objectives of the study, after data collection, the researcher concludes that procurement procedures affect significantly effective purchasing of goods and services in KCB; procurement transparency affects significantly the effective purchasing of goods and services in KCB and then also procurement rules and regulations affect significantly the effective purchasing of goods and services in KCB.