Financing of investments and public procurement in the Provincial Municipality of Picota, Peru

Abstract

The objective of this scientific article is to determine the relationship between investment financing and public procurement in the Provincial Municipality of Picota, Peru. It is a quantitative study, applied, descriptive-correlational, non-experimental design, comprised of 42 collaborators of the municipality. The instrument used was the questionnaire. The most relevant results showed that the level of investment financing in the municipality is medium in 76%, the level of public procurement is medium in 64%, and there is a relationship between the components of investment financing and public procurement, whose significance was less than P-value 0.01. Conclusion: There is a significant relationship between investment financing and public procurement, supported by a bilateral significance of .001 < 0.01. Moreover, the Pearson correlation was strong positive at .745. Therefore, the following alternative hypothesis was accepted: The relationship between investment financing and public procurement in the Provincial Municipality of Picota is significant.