PŘEDRAŽOVÁNÍ VEŘEJNÝCH ZAKÁZEK NA STAVEBNÍ PRÁCE V ČESKÉ REPUBLICE

• Authors: Ochrana František , Petr Stehlík

Title variants

EN

Overpricing of public procurement for construction works in the Czech Republic

• Languages of publication: CS

Abstracts

EN

This paper investigates the purposes for overpricing of public procurement for construction works in the Czech Republic. We tested two potential factors influencing final process – the level of competition and the level of transparency. According findings, each additional bid decreases the final price by 2.19%. In reality this means that the chance for cost savings increases with the number of competing suppliers. The final price also depends on the type of procedure. Our recommendation is to organise public tenders for works in manners allowing for the highest possible level of competition, to do as much as possible to motivate potential suppliers for participation.

Keywords

EN

PUBLIC PROCUREMENT; OVERPRICING; CONSTRUCTION WORKS; COMPETITION; CZECH REPUBLIC

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2015
• Volume: 63
• Issue: 3
• Pages: 227 – 238

Contributors

author

Ochrana František

• Univerzita Karlova, Fakulta sociálních věd, Institut sociologických studií. U Kříže 8, 158 00 Praha, Czech Republic

author

Petr Stehlík