The International Public Procurement Evolution: New Strategic Challenges Met in Collaboration with Internal Audit Advisory Services

Georgios Baltos, Leonardo Doni and Janis Balodis

Academic Journal of Interdisciplinary Studies, 2018, vol. 7

Abstract: This study identifies and evaluates some of the major procurement issues met currently by international organizations both in private and public sectors. It deals with strategic procurement decision-making like outsourcing and market globalization, concessions set up, business continuity and contracting typology transformations. Such dynamic changes are deployed in a context of increased concern about the application of liberal procurement principles, which drive towards a series of improvements at the procedures and documentation level. The authors relate this evolution with the Internal Audit consulting perspective, which is still a recent endeavor, but in progress and dynamically expanding. European Union and related Agencies and Institutions are usually spearheading towards this direction offering lessons learned for further consideration.

Date: 2018
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