Review of Government Procurement

I get the impression that our government agencies are paying too much for their procurement. The Brompton bike is only the tip of the iceberg. Anecdotal evidences suggest that the over-payment is rampant and systemic.

I suspect that our government agencies are over-relying on "world class procurement processes" that produce these ridiculous outcomes. It is better for them to rely more on "common sense" coupled with simple process, transparency and accountability.

We have now got the disease of over-paying for government procurement. Our procurement process needs to be reviewed.