European Commission Proposes New Public Procurement Act to Simplify Rules and Strengthen European P…
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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 New Public Procurement Act to Simplify Rules and Strengthen European P…
The European Commission proposed a new Public Procurement Act consolidating three existing procurement directives and procurement provisions scattered across sectoral legislation into a single directly applicable regulation, aiming to simplify rules, cut administrative burden and increase legal certainty. EU public procurement spending is about €2.6 trillion a year, around 15% of 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. The Best Price-Quality Ratio would become the standard award method, with quality criteria weighted at least 30%, or 50% for labour-intensive contr…