Determinants of public fund´s savings formation via public procurement process

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F17%3A63516088" target="_blank" >RIV/70883521:28120/17:63516088 - isvavai.cz</a>

Result on the web

<a href="https://search.proquest.com/docview/1912121079?pq-origsite=gscholar" target="_blank" >https://search.proquest.com/docview/1912121079?pq-origsite=gscholar</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Determinants of public fund´s savings formation via public procurement process

Original language description

The aim of procurement is to achieve savings of public resources. Domestic and foreign studies point to the fact that the condition of achieving the savings is sufficient competition on the supply side. Slovakia currently belongs to the group of countries with low competition in public procurement deals. Furthermore, in this context we have compared the best practices of using public funds with regard to public procurement in the Czech Republic. The aim of this paper is to create and analyze models of the number of tenders subcontractor participation and open competition on the savings achieved in public procurement. Based on the Wilcoxon signed-rank test in the R software is demonstrated that public procurement in an average is a way to save public funds. Using linear regression in R program positive effect of the number of offers to saving process is identified. Across the investigated group as well as at dividing to limit and above the limit contracts, any further offer increased energy in average of 3%. Participation of the subcontractor has positive effect on savings in the whole study group and at above limit contracts over 1.35 million euros without value added tax. Open competition as a kind of public procurement is not statistically significant in pursuit of savings in procurement for a given sample.

Czech name

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Czech description

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Type

J_SC - Article in a specialist periodical, which is included in the SCOPUS database

CEP classification

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OECD FORD branch

50204 - Business and management

Project

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Continuities

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Publication year

2017

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Administratie si Management Public

ISSN

1583-9583

e-ISSN

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Volume of the periodical

2017

Issue of the periodical within the volume

28

Country of publishing house

RO - ROMANIA

Number of pages

20

Pages from-to

25-44

UT code for WoS article

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EID of the result in the Scopus database

2-s2.0-85020396495