|
Issues
Intellectual property rights
Smuggling · Competition policy Government procurement Outsourcing · Globalization Fair trade · Trade justice Emissions trading · Trade sanctions War (Currency · Customs · Trade) Trade and development |
|
By Country
|
Government procurement, also called public tendering or public procurement, is the procurement of goods and services on behalf of a public authority, such as a government agency. With 10 to 15% of GDP in developed countries, and up to 20% in developing countries, government procurement accounts for a substantial part of the global economy.[1]
To prevent fraud, waste, corruption or local protectionism, the law of most countries regulates government procurement more or less closely. It usually requires the procuring authority to issue public tenders if the value of the procurement exceeds a certain threshold.
Government procurement is also the subject of the Agreement on Government Procurement, a plurilateral international treaty under the auspices of the WTO.
Contents |
Usually there are some distinct phases in the whole procedure:
Government procurement in the European Union is regulated and harmonized by community law since the 1970s. European regulations also provide for electronic procurement.
Russian Federal Law N94-ФЗ of 21.07.2005 require all federal, regional and municipal government customers to publish all information about government tenders, auctions and other purchase procedures on special public government websites.
The Soloviev Institute of Government Procurement is active in procurement certification and training.
US government procurement is generally governed by the Federal Acquisition Regulation, which appears in title 48 of the Code of Federal Regulations.
The National Institute of Governmental Purchasing and the Federal Acquisition Institute are active in procurement certification and training. A specialized program in procurement law in the United States is located at The George Washington University Law School.