European Commission Proposes Simpler and More Strategic Public Procurement Rules
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The procurement rule reform affects companies bidding for EU public projects, including travel, transport and infrastructure suppliers, and the European preference framework could change market access conditions for third-country firms.
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- European Commission Press CornerEuropean Commission Proposes Simpler and More Strategic Public Procurement Rules
The European Commission adopted a proposal for a new regulation to modernise and simplify the EU's public procurement framework and support investment in public services and infrastructure. Public procurement accounts for around 15% of EU GDP. The proposal is expected to deliver annual administrative savings of €650 million, including €80 million for public buyers and €570 million for economic operators. It consolidates three existing procurement directives into one directly applicable regulation, reduces procedures from five to three, and creates a digital procurement marketplace of interconnected Member States' eProcurement platforms applying a once-only principle. The Best Price-Quality…