Selection criteria and the award procedure in public procurement
Dimitri Mardas and
Dimitri Triantafyllou
International Advances in Economic Research, 1997, vol. 3, issue 1, 112 pages
Abstract:
This paper examines the admissibility of some selection criteria in the light of European public procurement law. It also points out the opportunity of using such criteria through an economic analysis. The main aspect to be dealt with is the numerical selection criteria, which may hinder firms not fulfilling them from participating in the award procedure. These criteria refer, according to the European Union directives on public procurement, to the economic, financial, and technical capacity of the candidate firms. In our analysis, the legal appreciation should be confronted with an economic analysis of the numerical selection criteria. This analysis is based on an arithmetic approach which focuses on relative rather than absolute values. Thus, through a series of performance indicators, an alternative approach to the above criteria is presented. Copyright International Atlantic Economic Society 1997
Date: 1997
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DOI: 10.1007/BF02295004
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