ANALYSIS OF PUBLIC PROCUREMENT PROCEDURES: EVIDENCE FROM WESTERN BALKAN COUNTRIES
ANALYSIS OF PUBLIC PROCUREMENT PROCEDURES: EVIDENCE FROM WESTERN BALKAN COUNTRIES

Summary/Abstract: Public procurement plays a key role in the process of growth stimulation of each national economy. Public procurement contracts are significant contributors of GDP in the national economy and also a great expenditure in national budgets. The system of public procurement should guarantee transparency in all phases of the procedure, equal treatment of all participants, openness to competition, non-discrimination and proportionality. The mainstream of the procedures is to achieve better quality and best value for spent public money. Having in mind the fact that governments in Western Balkan countries spend a large sum of money through public procurement to carry out their daily functions and needs, we decided to conduct an analysis of public procurement in Western Balkan countries. Hence, the main objective of this article is a quantitative analysis of some of the key indicators of public procurement procedures. The data are related with: contracting authorities; concluded contracts; values of different types of procurement contracts awarded (supplies, works, services); types of procurement procedures used; active economic operators especially small and medium enterprises such as contracting parties in public procurement contracts and the size of public procurements in terms of GDP. For this purpose, we carried out a time series analysis of secondary data obtained from official state reports issued by relevant institutions in each of these countries for the last 5 years. The examination conducted in this paper is to create a quantitative framework for different aspects of public procurement, that should allow the state bodies and institutions easier assessment and monitoring of the process. Obtained results of the research are presented within this paper in detail. At the end, based on the results we recommend measures in order to stimulate public policies in a way to ensure the applying of the main principles of public procurement in a more respectable manner.

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