SIGMA Public Procurement Briefs
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SIGMA Public Procurement Briefs provide input for training systems that are in compliance with EU public procurement legislation and practices and with related national legislations. They contribute to the improvement of professional skills of procurement officers and managers – both in the public sector (contracting authorities) and the private sector (economic operators). Some of the briefs are available in other languages, namely Armenian, Azeri, Romanian and Russian
- ISSN: 23109246 (online)
- https://doi.org/10.1787/23109246
Economic Issues in Public Procurement
Effective procurement strategies, which control costs and streamline processes, are vital to all contracting authorities. Pursuing the best value-for-money in public procurement, while keeping the process management costs down, requires several crucial decisions including deciding on: the optimal mixture of centralised and decentralised procurement; the best type of contract and format for tendering; and the use of e-auctions or the splitting of contracts into lots. A number of closely interlinked economic factors come in to play in these decisions. SIGMA Brief 2 aims to provide practical guidance regarding these decisions.
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