During scarcity of resources and budget, utilisation
can be optimised using Value for Money while procuring public
services and goods
Procurement of a service is essential that meets the
specifications and has the lowest whole-life costs
For low whole-life cost services or goods, the benefit
that adds value to that choice must be clear, so that the
procurement is successful
Thus, the Value for Money model should be applied to
ensure a balance between quality of goods and services for public
procurement and economic efficiency for any
government