Strengthening the Efficiency of Public Procurement
May 2020 In: Economía Industrial — Stéphane Saussier et Jean Tirole
Abstract:
Public procurement, the generic term used to refer to procurement contracts (traditional procurement), public service delegations (including concessions) and public private partnerships, currently represents today significant amounts of money as it is believed to account for nearly 15% of the GDP in France. Whilst the public procurement system must strive to achieve the best possible performance in terms of cost and service, its inefficiency is highlighted on a regular basis.