👉 The contracting project involves the formal agreement between a government entity or organization and a private sector company to deliver specific goods, services, or projects. This process typically includes detailed contract negotiations, where both parties outline the scope of work, payment terms, timelines, and responsibilities. The project aims to leverage private sector expertise and efficiency while ensuring public accountability and compliance with legal and regulatory standards. It often includes phases such as planning, procurement, execution, monitoring, and closure, with mechanisms for dispute resolution and performance evaluation.
