Public procurement contracts

01-06-2017

Public authorities conclude contracts to ensure the supply of works and delivery of services. These contracts, concluded in exchange for remuneration with one or more operators, are called public contracts and represent an important part of the EU’s GDP. However, only a small percentage of public procurement contracts have been awarded to non-national undertakings. The application of the principles of the internal market to these contracts ensures better allocation of economic resources and more rational use of public funds. A new public procurement package was adopted in 2014 by Parliament and the Council with the aim of simplifying procedures and making them more flexible in order to encourage access to public procurement for SMEs, and to ensure that greater consideration is given to social and environmental criteria.

Public authorities conclude contracts to ensure the supply of works and delivery of services. These contracts, concluded in exchange for remuneration with one or more operators, are called public contracts and represent an important part of the EU’s GDP. However, only a small percentage of public procurement contracts have been awarded to non-national undertakings. The application of the principles of the internal market to these contracts ensures better allocation of economic resources and more rational use of public funds. A new public procurement package was adopted in 2014 by Parliament and the Council with the aim of simplifying procedures and making them more flexible in order to encourage access to public procurement for SMEs, and to ensure that greater consideration is given to social and environmental criteria.