Remove E-auction Remove Price Remove Thresholds
article thumbnail

Government Contracts Issues for a Recession

Procurement Notes

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%

article thumbnail

Measuring the benefits of open contracting: Case studies on Mexico, Paraguay, and Slovakia

Curbing Corruption in Government Contracting

For example, when we take a whole year of contracts after a transparency reform taking place in May, our estimation may be biased if a procurement regulatory reform happened 5 months later, such as a new reporting threshold introduced. Relative prices (final price divided by the initially estimated price) decreased by 1.9

Bidder 40