The Economic Impacts of Applying the Act on Public Procurement as Seen from the Contracting Authority Point of View

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F49777513%3A23510%2F17%3A43932223" target="_blank" >RIV/49777513:23510/17:43932223 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
The Economic Impacts of Applying the Act on Public Procurement as Seen from the Contracting Authority Point of View
Original language description
More than 12% of the GDP (almost 600 billion CZK) from public resources is allocated through public procurement in the Czech Republic. The new act on public procurement came into effect on 1 October 2016. There are some changes concerning the obligations of contracting authority as well as contractors, especially the effort to decrease administrative demandingness is obvious. This paper focuses on the possibility of savings in the costs for the implementation of public procurement as opposed to the anticipated price. A sample of 321 public contracts dealing with building works has been chosen for the analysis. The analysis concerning the number of the received tenders, the analysis of the anticipated value of the contract, as well as the analysis of the final value of public contracts is presented. As assumed, a direct dependency of the final value on the anticipated value is proved. Moreover, we proved that within a public contract the achieved savings grow with the number of the submitted tenders.
Czech name
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Czech description
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Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of the 13th International Conference Liberec Economic Forum 2017
ISBN
978-80-7494-349-2
ISSN
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e-ISSN
neuvedeno
Number of pages
9
Pages from-to
447-455
Publisher name
Technical University of Liberec
Place of publication
Liberec
Event location
Liberec
Event date
Sep 11, 2017
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000426486500050

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