Public Procurement in the European Union
Subtitle: How Contracting Authorities Can Improve Their Procurement Performance in Tenders
Publisher: Springer Fachmedien Wiesbaden GmbH
Published: 2020
Language: eng
Number of pages: 279
ISBN-13: 9783658280758
Description: "Alexander Rhode investigates performance-oriented measures of contracting authorities in public tenders conducted within the EU. He finds that contracting authorities can improve their performance and attract more suppliers by publishing (as precise as possible) starting prices in the beginning of a tender. First, he reports that compared with private-sector negotiations, starting prices do not create entry barriers in public procurement. Second, he finds that increased numerical precision of starting prices is linearly correlated with better performance and a higher number of bids. In public procurement, suppliers tend to attribute increased credibility to precise starting prices which reduces their (perceived) entry risks"--Back cover.