Economic Issues in Public Procurement

Oecd

No 2, SIGMA Public Procurement Briefs from OECD Publishing

Abstract: Effective procurement strategies, which control costs and streamline processes, are vital to all contracting authorities. Pursuing the best value-for-money in public procurement, while keeping the process management costs down, requires several crucial decisions including deciding on: the optimal mixture of centralised and decentralised procurement; the best type of contract and format for tendering; and the use of e-auctions or the splitting of contracts into lots. A number of closely interlinked economic factors come in to play in these decisions. SIGMA Brief 2 aims to provide practical guidance regarding these decisions.

Keywords: economic issues; EU directives; public procurement (search for similar items in EconPapers)
Date: 2011-01-28
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