Competitiveness in Slovak and Czech Public Procurement and its Effect on the Final Price Cover Image

Competitiveness in Slovak and Czech Public Procurement and its Effect on the Final Price
Competitiveness in Slovak and Czech Public Procurement and its Effect on the Final Price

Author(s): Matúš GREGA, Juraj Nemec
Subject(s): Business Economy / Management, Comparative politics, Evaluation research
Published by: Masarykova univerzita
Keywords: public procurement; competitiveness; savings; final price;
Summary/Abstract: Public expenditures via public procurement accounts for a significant percentage of GDP - around 15 %. Most authors agree that there is an inversely proportional relation between competitiveness and the final price of the public procurement (Kuhlman and Johnson, 1983; Brannman, 1987; Rose-Akerman, 1999; Gupta, 2002; Pavel, 2010; and many others). According to some authors, price decreases caused by increasing competitiveness stop when there are 6-8 participating competitors and they describe this point as fully competitive procurement. When full competitiveness is reached, subsequent additional competitors have only a minimal or no impact on the final procurement price.

  • Page Range: 143-150
  • Page Count: 8
  • Publication Year: 2015
  • Language: English