Addressing Offers with Apparently Unusual Low Prices
Riana Iren Radu and
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Silvius Stanciu: Dunarea de Jos University of Galati, Romania
Economics and Applied Informatics, 2019, issue 3, 28-36
Through Public Procurement, the Contracting Authorities aim at obtaining products, works or services. Starting from identifying the necessity, a series of procedures are followed for its satisfaction. Considering the complexity of the procurement process, the desired result will not appear in case certain stages are bypassed. These omissions can have repercussions on the offered price when either the Contracting Authority did not explain sufficiently clear in the awarding documentation the need or it did not assess it adequately, as well as when the Tenderer did not completely understand the complexity of the requested work / service / product. In these conditions, the present study aims at analyzing from the point of view of both parties the problems related to the unusually low price estimated by the Contracting Authority or proposed by the Tenderer for services and its influence on the quality of the provided services.
Keywords: Price; Public procurement; Services (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fseeai:y:2019:i:3:p:28-36
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