Public contracts are an important economic factor. Contracting authorities procure a large amount of services, works and goods from almost all sectors. Modern procurement legislation guarantees the fair, efficient and sustainable award of public contracts in the context of transparent award procedures. It stipulates what contracting authorities need to do when they procure supplies, works and services or award concessions.

The provisions on the award procedure guarantee competition, transparency and equal treatment. The public sector should use taxpayers’ money to attain the best cost-benefit relationship available on the market.