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 mi...

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Bibliographic Details
Corporate Author: Organisation for Economic Co-operation and Development
Format: eBook
Language:English
Published: Paris OECD Publishing 2011
Series:SIGMA Public Procurement Briefs
Subjects:
Online Access:
Collection: OECD Books and Papers - Collection details see MPG.ReNa
Description
Summary: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
Physical Description:9 p. 21 x 29.7cm