'And the new government's position is that it should be value for money so that it can generate the maximum possible returns for taxpayers' funds, as well as maximum multiplier on the economy,' he said.
It is significant to note that the term value for money is also defined in KPPPR, however, the rule regarding the principle of procurement appears to be missing.
The Financial Conduct Authority (FCA) announced on 5 April 2018 that investment managers will have to publish information annually on the value for money of each of their funds, starting in 2019.
As a result, Dr Bawumia said it was imperative that the government, in its desire to seeking suitable investment opportunities to meet the infrastructure gap, took steps to ensure cost efficient programme designs and delivery to ensure value for money.
How is that value for money? As for Transport Minister Humza Yousaf saying that an initiative to give passengers a free week's travel equal to the cost of a rail fare freeze, that was a softener to passengers who endured a service unfit for purpose last winter.