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What are the principles of EU procurement?

EU directives on public procurement cover tenders that are expected to be worth more than a given amount. The core principles of these directives are transparency, equal treatment, open competition, and sound procedural management.

What does EU mean in procurement?

Government procurement or public procurement is undertaken by the public authorities of the European Union (EU) and its member states in order to award contracts for public works and for the purchase of goods and services in ance with principles derived from the Treaties of the European Union.

What is EU contract?

The EU contract rules are a set of principles that govern the formation and performance of contracts in the European Union. The rules are designed to promote fairness and certainty in contractual relations, and to protect the interests of consumers and businesses.

What is the EU threshold for procurement?

These authorities must open calls for tender throughout the EU beginning at the 140,000 threshold. The highest threshold (431,000) applies to the utilities sector and defence and security authorities.

What is the European Single procurement Directive?

The European Single Procurement Document (ESPD) is an electronic self-declaration document to be submitted by suppliers interested in tendering for contracts for the supply of goods, works or services to public bodies located anywhere within the European Union.

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