What is the difference between financial evaluation and government procurement

Financial evaluation is a part of government procurement, mainly used to determine the upper limit of the amount of government procurement. Government procurement, on the other hand, is a broader concept, including financial evaluation, bidding, competitive bidding, contracting, performance and many other aspects. Therefore, the main differences between the two are:

1. Financial evaluation is only a part of government procurement, which covers a broader scope.

2. The main role of the financial evaluation is to determine the maximum price of government procurement, while government procurement covers the whole process from demand research to performance acceptance.

In short, there is a clear difference between financial evaluation and government procurement in terms of scope, role and links.