The process of purchasing goods, services or works from the private sector by the public sector (Government or state owned bodies) is known as Public procurement.

More about Public Procurement:

• Its also a basic, vital part of democratic governance, poverty reduction and sustainable development.
• The scale of public spending grows as the economy expands, and public procurement is one of the most important activity in government operations.
• Public procurement will also affect many fields and change the nation’s way of doing things.