Methodological Aspects of Evaluating the Efficiency of Public Procurement in order to Improve the Effectiveness of Financial Control in the Regions of Russia
Methodological Aspects of Evaluating the Efficiency of Public Procurement in order to Improve the Effectiveness of Financial Control in the Regions of Russia
Author(s): Oksana Kashina, Natalia N. PRONCHATOVA-RUBTSOVA, Sergey Petrov, Nadezhda Yashina
Subject(s): Economic policy, Methodology and research technology, Evaluation research, Fiscal Politics / Budgeting, Socio-Economic Research
Published by: Masarykova univerzita nakladatelství
Keywords: public procurement; budget funds; efficiency; evaluation methodology; financial control;
Summary/Abstract: The world economy instability, the crisis phenomena and the need to quickly overcome their consequences explain the flexibility requirements of the state financial policy, which ensures the transition to an innovative model of socio-economic development. An important mechanism of state regulation is the public procurement system development, which will allow to rationally use budget funds in the limited financial resources context, given the desire to fully implement public functions. In this regard, the study purpose is the development of an evaluation the public procurement efficiency methodology in order to improve the financial control effectiveness in the Russian regions. The proposed methodology for assessing the public procurement efficiency is based on a systematic and integrated approach, which requires the formation of an indicators’ set, including such key indicators as the share of capital and current purchases in regional budget expenditures, savings on the state order conclusion, the share of the contracts’ cost with a single supplier of the total contracts’ value. In the work, modern scientific tools and various research methods are used: economicstatistical, system-analytical and expert assessments. Methodology approbation was carried out on the example of the Russian regions on the basis of official open data from the Unified Procurement Information System, the Federal Financial Monitoring Service, the Federal Treasury of the Russian Federation for 2016-2018. The practical implementation of the proposed methodology allows ranking the regions on the basis of a consolidated indicator for evaluating the public procurement efficiency, taking into account the established indicators. The analysis results of this annual rating can be used in the state executive bodies work in making concepts for the territorial development aimed at improving public administration, developing a competitive public procurement market, improving the efficiency and transparency of using budget funds to increase the financial control effectiveness and maximize satisfaction social needs.
Book: European Financial Systems 2019: Proceedings of the 16th International Scientific Conference
- Page Range: 255-261
- Page Count: 7
- Publication Year: 2019
- Language: English
- Content File-PDF