International Research Journal of Innovations in Engineering and Technology - IRJIET International Open Access, Monthly, Peer Reviewed, Reputed Journal ISSN (online): 2581-3048

Impact Factor (2025): 6.9

DOI Prefix: 10.47001/IRJIET

Drivers of Value for Money in Public Infrastructure Procurement in Owerri, Imo State, Nigeria

Abstract

Despite efforts to improve public procurement policies and guidelines in Nigeria, infrastructure delivery experiences several challenges that have hampered economic development, resulting in public infrastructure deficiency of value for money. Identifying drivers of value for money in public infrastructure procurement in Owerri, Imo State, Nigeria, is the aim of this study. The mixed-method research design was adopted for this study.  Purposeful and snowball sampling techniques were utilized to determine the study respondents. Data collection was implemented using a survey questionnaire. From the systemic literature review, 14 drivers were identified. The dependability of the research instrument was conducted using the Kaiser-Meyer-Olkin (KMO) test of adequacy and Bartlett’s Test of Sphericity. The data obtained from this study was subjected to descriptive statistics and factor analysis. The study findings identified public sector technical innovation and transfer, products and services meeting users' demand, efficient risk allocation, low project life cycle cost, and complementary advantages of public-private partnership as the most significant drivers of value for money in public infrastructure procurement. This study justifies an evident need to highlight and incorporate value-for-money drivers toward efficient and sustainable public infrastructure delivery.

Country : Nigeria

1 Igwe Jude Chidozie2 Anumudu Anthony Chukwunedum3 Nwankwo Lazarus Chisom

  1. Graduate Assistant, Department of Quantity Surveying, Faculty of Environmental Sciences, Federal University of Technology, Owerri, Imo State, Nigeria
  2. Lecturer II, Department of Quantity Surveying, Faculty of Environmental Sciences, Federal University of Technology, Owerri, Imo State, Nigeria
  3. Graduate Assistant, Department of Quantity Surveying, Faculty of Environmental Sciences, Federal University of Technology, Owerri, Imo State, Nigeria

IRJIET, Volume 8, Issue 5, May 2024 pp. 272-279

doi.org/10.47001/IRJIET/2024.805037

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