The underlying purposes and policies of this subchapter are to:
(1) Simplify, clarify, and modernize the law governing procurement by this state;
(2) Permit the continued development of procurement policies and practices;
(3) Provide for increased public confidence in the procedures followed in public procurement;
(4) Ensure the fair and equitable treatment of all persons who deal with the procurement system of this state;
(5) Provide increased economy in state procurement activities by fostering effective competition; and
(6) Provide safeguards for the maintenance of a procurement system of quality and integrity.