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It is concerned with the “what” of public procurement—focusing on procuring goods , services , and works that meet specific requirements, delivered on time, within budget, and at the required quality. This supports not only the public sector entity and its stakeholders but also the broader community.
Capturing Value occurs when a contract has been established that governs the responsibilities and obligations of both supplier and buyer, and well as when the organization has the right Procure-to-Pay processes in place to ensure compliance to those agreements, goods, services and prices. . What is Direct Procurement?
The administration of the tax would require a single tax return (consolidated balance sheet of the mega MNE) to be filed with the tax authorities of the country where the ultimate parent company is domiciled, and the information would be shared with the other countries. Another significant measure is the application of unitary taxation, i.
The paper will be published in Legal Studies in due course.(*) Public procurement is concerned with the award of contracts for the supply, for pecuniary interest, of goods, services or works to the public sector. It is thus interesting to see how the PA23 has articulated its view of the public interest.
The sovereign acts doctrine attempts to balance[ ] the Governments need for freedom to legislate with its obligation to honor its contracts by asking whether the sovereign act is properly attributable to the Government as contractor. [62] Generally speaking, the Government seeking to balance the budget is laudable. 48] Brian A.
For significant inflation, especially over a sustained time period where there may be multiple adjustments, the superior approach seems to be an Agency-designed clause which relies upon a cost index. ]” [26] I take this as an implied acknowledgment that, generally, FAR 52.216-4 is suited to minor, not major, cost fluctuations.
Introduction From up close, public procurement law can be seen as the set of mostly procedural rules controlling the way in which the public sector buys goods, services, and works from the market. Overall, EU procurement law offers a diverse toolkit for public buyers to embed sustainability requirements. Public Procurement I.
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