Open Contracting Partnership

APRIL 16, 2025

This undermines business confidence, leading to low competition and higher prices for goods and services. The amendment to the Public Procurement Law of December 2018 introduced mandatory re-tenders (or auctions) after failed procedures. Failed procurement accounted for 52% of the value of all government procurement in 2018.

Procurement 52

Procurement Public Procurement Tender E-procurement 52

Procurement Notes

MARCH 5, 2024

Particularly, the Personal Consumption Expenditures Price Index (“PCE”) core inflation rate for January 2024 was 2.8%. [30] 33] Importantly, since the inflation high water marks of 2022, mostly what has occurred is disinflation (decrease of the inflation rate), not actual deflation (price decreases). down from 5.5%

Government Contracts 52

Government Contracts Government Government Contract 52

Curbing Corruption in Government Contracting

JANUARY 21, 2020

Relative prices (final price divided by the initially estimated price) decreased by 1.9 However, the share of non-open procedures and relative prices did not change significantly. percentage points. Moreover, intervening changes happening during the period after the transparency intervention in Slovakia (e.g.

Bidder 40

Bidder Transparency Public Procurement Contract 40