EU to review public procurement rules

02 Feb, 2011

The European Commission has recently launched a consultation to streamline public procurement rules.

This will require flexible and user-friendly tools that make transparent and competitive contract awards as easy as possible for European public authorities and their suppliers. This open debate with interested parties will focus on the modernisation of the rules, tools and methods for public procurement to deliver better on these goals. Public procurement accounts for roughly 17 per cent of the EU’s GDP. In times of tight budgets and economic difficulties in many Member States, public procurement policy must ensure the most efficient use of public funds, with a view to supporting growth and job creation. Internal Market and Services Commissioner Michel Barnier said: “We need to clarify public procurement rules to make life easier for both public authorities and companies bidding for contracts in Europe.” Public procurement currently accounts for around 17 per cent of the EU’s GDP. 

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