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ARTICLE · 11 JANUARY 2019

Public Procurement Guide

Public procurement is a powerful tool for governments trying to create dynamic, innovative and sustainable markets, economies and societies.

AustriaGovernment, Public Sector

Public procurement is a powerful tool for governments trying to create dynamic, innovative and sustainable markets, economies and societies. According to the European Commission, "every year, over 250,000 public authorities in the EU spend around 14% of GDP on the purchase of services, works and supplies" and EU countries are not the only ones to recognise this. Knowing the importance of having a reliable system to handle this spending, countries set out minimum harmonised public procurement rules. The CMS Public Procurement Group offers you a comprehensive guide to the most relevant procurement issues in 17 jurisdictions.

In this new CMS guide to public procurement we set out the key rules, thresholds, and procedures for contracting authorities and suppliers; indicate whether it is mandatory or voluntary to use e-procurement or e-signatures; and detail the extent to which procurement contracts can be amended after being awarded.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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