Question: While procurement by tender represents opportunity for fair, equitable and transparent procurement by large-scale buyers such as government departments, state-owned enterprises and large private sector

While procurement by tender represents opportunity for fair, equitable and transparent procurement by large-scale buyers such as government departments, state-owned enterprises and large private sector enterprises, the background reading suggests a cynical manipulation of tender procedures. You are required to prepare a report that addresses the following issues: a) Provide a brief but coherent explanation of so-called tender procedure; b) Deduce, by process of reasoned analysis, the long-term impact of sustained unethical business practices on the interests of the general public; c) Discuss the importance of professional engineers maintaining continued vigilance of the prospect of ethical transgression, and up-to-date knowledge of the corporate governance expectations of business enterprises.

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