Improving the Public Procurement System: Rating of Contractors in the Road Sector

Maria A. Moiseeva () and Tatiana V. Kulakova ()
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Maria A. Moiseeva: HSE University, Moscow, Russian Federation
Tatiana V. Kulakova: HSE University, Moscow, Russian Federation

Finansovyj žhurnal — Financial Journal, 2023, issue 1, 74-94

Abstract: The existing methods of selecting a contractor for projects in the road sector in the Russian system of procurement do not fully take into account his business reputation and his previous experience, which negatively affects the efficiency of public procurement. Based on the analysis of international literature, it is proposed to assess the level of qualification of road builders by using a mathematical model of the complex indicator of their experience. The key idea of the proposed approach is to develop an integral indicator that characterizes the previous experience of contractors in performing a certain type of work. It is assumed that this indicator will be calculated automatically on the basis of data from the Unified Information System in Procurement. The proposed changes will improve the efficiency of the procurement system and ensure that contractors obtain the competencies necessary for high-quality and timely implementation of the relevant road works.

Keywords: rating; public procurement system; road sector; qualification of contractors (search for similar items in EconPapers)
JEL-codes: R41 R42 R48 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:fru:finjrn:230105:p:74-94

DOI: 10.31107/2075-1990-2023-1-74-94

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