SELECTED FACTORS DETERMINING THE PERFORMANCE OF THE CZECH PUBLIC PROCUREMENT SYSTEM

Marketa Sumpikova, Juraj Nemec, Marta Orviska, Matúš Grega

Abstract


Public procurement today represents approximately 15% of governmental expenditure in developed countries and an area with high potential for continual improvement, especially for countries with transitional economies. This article investigates competitiveness and the selection method, which are two factors of many identified, such as from studies of Transparency International or the Charles University, that relate to the limited results of procurement procedures under Czech Republic conditions. Our study identified important weaknesses in the Czech public procurement process for future reforms to consider.

Keywords


public finance, efficiency, effectiveness, competition, public procurement, public procurement law

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References


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DOI: http://dx.doi.org/10.12955/cbup.v3.608

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