Public Sector Reforms in China journal article Christopher Bovis, Wei Hu European Procurement & Public Private Partnership Law Review, Volume 6 (2011), Issue 1, Page 14 - 22 I. Introduction Government procurement1 is defined by OECD as the purchasing of goods and services by the government for consumption and investment, but not for resale.2 Effective procurement practices are transparent reflecting on the quality of public finances, and are essential for efficiency in public spending. The result of acquiring optimum quality goods and services for public consumption at competitive prices is improved value for taxpayers’ m
Estimated Value vs Final Contract Value in Works Public Procurement – What Causes the Discrepancy? Marko Turudić, Melko Dragojević