The Cyprus Tenders Review Authority and its pivotal role in
safeguarding justice and transparency in Cyprus public procurement
tenders.
Over 250.000 public authorities in the European Union spend
around 14% of the collective GDP (around €2 trillion per year)
on the purchase of services, works and supplies from private
enterprises. In many sectors such as energy, transport, waste
management, social protection and the provision of health or
education services, public authorities are the principal buyers.
The public sector can use procurement to boost jobs, growth and
investment, and to create an economy that is more innovative,
resource and energy efficient, and socially-inclusive. High quality
public services depend on modern, well-managed and efficient
procurement.
