A Critical Assessment of Public Procurement
The process of the liberalisation of public procurement in the European Union has two primary objectives: i) to achieve an open and competitive regime of public purchasing which would yield substantial savings to the public sector and ii) to act as a stimulant for the much needed restructuring and adjustment of the European industrial base. When compared with other advanced integrated economic or political systems, the regulation of public procurement in the European Union has no precedence. It is not only the aspiration for the creation of a genuinely integrated public sector market within the Community, but to a large extent it is the impact of such a regime upon the overall process of European Integration that deserves further attention. The mechanism of the public purchasing regulation has revealed a considerable range of socio-economic considerations which interact with the envisaged aims and objectives of the regime. The public procurement sector in the European Union is by no means readily receptive to the parameters of any legislative framework. Rather, it is a forum of well-established socio-economic and legal patterns which for a long time have served national interests.
KeywordsPublic Procurement Public Market Framework Agreement Import Penetration Contracting Authority
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