PROTECTING PUBLIC FUNDS ACCORDING TO THE GOVERNMENT TENDERS AND PROCUREMENT LAW OF 1440 AH IN THE KINGDOM OF SAUDI ARABIA

Abstract

      Researching this topic enables us to clarify the characteristics of the legal protection of public funds through the government tenders and procurement system, its advantages, and its effectiveness in confronting the challenges and violations to which these properties are exposed. Furthermore, addressing this topic is considered a contribution to the ongoing jurisprudential debate surrounding rules and regulations, especially since these public funds require the necessity of protecting them in a manner that ensures their continued performance of their functions in the required manner, achieving the public benefit and, consequently, the public interest. This is a question that is being urgently raised today, given the numerous violations to which these public funds may be exposed when individuals work to harm them and dispose of them without justification. The topic of public funds is also of paramount importance in terms of its connection to the growing activity of the state and the increase in its savings. This type of funds has become a tool for public authority intervention to achieve the public interest in various sectors comprising various areas of economic, social, and cultural life.