Abstract:
Contract management is an important activity in public procurement especially on executing
development projects while aiming at value for money. On the contrary, reports from the Public
Procurement Regulatory Authority show that funds have been wasted due to poor contract
management practices hindering value for money achievement. Hence, the study aimed at
assessing the contribution contracts management practices towards value for money
achievement. Questionnaires and Interviews were used for data collection and findings
revealed that contracts contained all the necessary conditions, contracts practices of time
management, quality management and costs control were effective and resulted into value for
money achievement. Therefore, value for money was achieved above average scale by
considering qualitative measures and it was recommended that more efforts are needed to
enhance supervision and enforce defect liability clause