There is a great need to have all the public procurement processes monitored by independent bodies. The monitoring bodies have the mandate of ensuring that the procurement processes are transparent and in the interest of the public. Given the fact that these bodies are tasked with such an important role, it is paramount that they should not have any links whatsoever with the firms they are assigned the monitoring roles. The reasons for carrying out monitoring of public procurement processes are manifold as we shall see shortly.
First, monitoring the processes will guarantee the one fact that all the stakeholders in the tendering and the bidding processes are exposed to a transparent system. Without the oversight of the monitoring bodies, chances are those rogue employees within an organization setup could single source for vendors who are ready to share the profits with them. Instances as this are not rare and that is why it is so crucial that procurements are monitored from start to end so that instances of corruption are mitigated or stopped altogether.
Also, equitable distribution of opportunities would be impossible without having oversight processes in such organizations. Due to nepotism and other forms of corruption, all these opportunities can be channeled to only a group of people if there is no monitoring in place. monitoring, however, makes it possible for all people to access those opportunities and that those who win them are those who are rightly merited to do the supplies of the needed goods and services.
Also to ensure that there is satisfactory accountability for every budgetary allocation made, monitoring services may be needed. To ensure that there is no impairment of service delivery to the public due to embezzlement of funds by the employees in such organizations, it is important, therefore, to have monitoring processes in place.
Also, where there is accountability of public funds, planning for future projects becomes easier. Owing to the fact that the stakeholders have a clear view of all the procurements, they can easily make decisions based on the expenditure patterns exhibited and are thus able to channel resources prudently in the future projects. They are also able to judge accurately on the set budgetary allocations so that there are no constraints for any sector.
In conclusion, the masses can only be assured of their well being, being taken care of by those institutions only when monitoring of the procurement processes is in place. The fact that the public has some level of skepticism on the government spending is something that cannot be ignored. This skepticism can only be dispelled where there is an oversight over the procurement processes.