PUBLIC PROCUREMENT IN BULGARIA: DO WE GET VALUE FOR THE TAXPAYER’S MONEY?
PUBLIC PROCUREMENT IN BULGARIA: DO WE GET VALUE FOR THE TAXPAYER’S MONEY?
Author(s): Krasimira S. ValchevaSubject(s): Politics / Political Sciences, Politics, Economy, Governance, Public Administration, Economic policy, Government/Political systems, Public Finances, Fiscal Politics / Budgeting
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: public procurement; competitiveness; value-for-money; scoreboard indicators; transparency
Summary/Abstract: The article provides insights of the public procurement practices in Bulgaria within the European Union context. Through an examination of key indicators, trends, and challenges, the study offers a general understanding on how public procurement generates value for the taxpayers’ money with focus on competition. While Bulgaria demonstrates a strong commitment to transparency, challenges persist on national level, aligned with the overall regional trends. The prevalence of single bidding in certain sectors and negotiated procedures without open competition highlights key areas for improvement. Policymakers and stakeholders could enhance competitiveness and fairness in procurement practices, ultimately driving better outcomes for citizens and promoting sustainable development by prioritization targeted interventions and leveraging the available data.
Journal: Journal of Management Sciences and Applications (JOMSA)
- Issue Year: 3/2024
- Issue No: 1
- Page Range: 42-52
- Page Count: 11
- Language: English
