COMPARATIVE ANALYSIS OF CALCULATION ALGORITHMS USED IN THE PUBLIC PROCUREMENT PROCEDURES

Ionel Preda ()
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Ionel Preda: The Bucharest University of Economic Studies, Romania

The USV Annals of Economics and Public Administration, 2019, vol. 19, issue 1(29), 191-202

Abstract: In public procurement, knowing the types of calculation algorithms and choosing the right algorithm to establish the scores of the submitted tenders have a very important role. The wrong choice of the calculation algorithm may lead to deficiencies such as obtaining identical scores for different tenders received, or ignoring the actual benefits of a tender due to the inappropriate way of calculating the scores. The calculation algorithm must be set so as to objectively quantify the advantages which the contracting authority seeks to achieve by carrying out the procurement procedure. The article describes the main types of calculation algorithms used in public procurement procedures, a comparative analysis of the results of algorithms applied in case of a real bid and the advantages / disadvantages of using each type of algorithm analysed.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:scm:usvaep:v:19:y:2019:i:1(29):p:191-202

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