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Public procurement is about public authorities buying goods, works (such as construction) or services from private companies. Examples of public procurement – or government contracts – include buying computers for a police station, providing water, gas and electricity to people, and building a hospital or a road.
18 kwi 2016 · EU directives on public procurement cover tenders that are expected to be worth more than a given amount. The core principles of these directives are transparency, equal treatment, open competition, and sound procedural management.
Public procurement is a key element of the single market, both from an economic perspective and from that of integration, and helps public authorities achieve the best value for money when purchasing works, goods and services.
Public procurement refers to the process by which public authorities, such as government departments or local authorities, purchase work, goods or services from companies. To create a level playing field for businesses across Europe, EU law sets out minimum harmonised public procurement rules.
When Belgian public bodies release a tender, they must be mindful of the financial thresholds set by the EU. These thresholds determine which type of procedure should be followed, such as open, restricted, or negotiated procedures. These limits are revised to reflect the prevailing economic dynamics.
Time limit for the submission of tenders. The time limit for the submission of tenders is determined by the contracting entity, within the minimum time limits specified in the Law. Statutory minimum time limits for the submission of tenders depend on the type of procedure and the contract value.
authorities get the best value for European taxpayers' money. Public procurement is a key part of the Europe 2020 strategy for smart, sustainable and inclusive growth. It is one of the market-based instruments to be used to achieve the Europe 2020 objectives by improving the conditions for business to innovate and by
