LEGAL ASPECTS REGARDING PUBLIC PROCUREMENT IN ROMANIA

Isabela Stancea ()
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Isabela Stancea: ”Constantin Brâncoveanu” University of Pitesti, Romania

Contemporary Economy Journal, 2018, vol. 3, issue 1, 121-126

Abstract: For the holders of public property rights, but also for the holders of private property rights, the current way of procuring the material assets necessary for their operation and their existence is the purchase of goods in the civil circuit of the company. In the case of public authorities and institutions, the acquisition of goods in the civil circuit is generally carried out through public procurement. In the field of procurement, the award procedure is the basic part of the procurement process. In other words, it is the time when the contracting authority meets with the operator or economic operators to evaluate the offers and decide the package of products, services or works that is appropriate for the institution or public authority.

Keywords: public procurement; contracting authority; award procedure (search for similar items in EconPapers)
JEL-codes: H57 K12 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:brc:brccej:v:3:y:2018:i:1:p:121-126

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