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Description of Pillars 1 and 2 In essence, Pillar 1 creates a mechanism for distributing the so-called “Amount A”, a fraction (25%) of residual profits, which affects approximately the 100 largest (with a turnover of more than 20 billion euros) and most profitable (more than 10% of profit on sales) multinationals in the world.
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. Moreover, the NPPS is not the ‘ultimate word’ on what procurement is in the public interest.
75] Again, the purpose of a procurement contract is for an Agency to obtain the goods, services, intellectual property, and/or construction that the Agency needs to meet its mission to the American people. [76] 76] A grant or cooperative agreement is different. acquisition by all executive agencies.); 48] Brian A.
Approximately a third of public sector spending goes to procure third-party goods, services, and works. Public buyers seeking to procure goods, services or works from the market need to process large amounts of information to choose a responsible provider offering the best possible terms on quality, cost, experience, etc.
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