Key Points
BRUSSELS, Dec 4 (Reuters) - Competition in public procurement across the 27 European Union countries worsened over the last decade, the European Court of Auditors (ECA) said on Monday, with as much as 2 trillion euros ($2.2 trillion) at stake every year...
ECA said that while competitive public procurement was key to getting good value for taxpayers' money, some 42% of all contracts awarded in 2021 went to single bidders...
"Between 2011 and 2021, fewer and fewer businesses competed to provide works, goods and services to public bodies, while the authorities often approached specific companies directly," the ECA said in a report...
Auditors said problems included excessive administrative burdens, overly restrictive criteria and market concentration, adding that public procurement procedures got longer over the past decade and were tiresome vis--vis the private sector...
It said that, in 2021, Cyprus had the biggest share of direct awards of public contracts, single bidding was the highest in Slovenia, and France did the least procurement abroad...
