Work detail

Public procurement of homogeneous goods: Czech Republic case study

Author: Mgr. Soudek Jan
Year: 2013 - summer
Leaders: PhDr. Ing. Jiří Skuhrovec PhD.
Consultants:
Work type: Doctoral
Language: English
Pages: 92
Awards and prizes:
Link:
Abstract: The goal of this thesis is to show that institutional and procedural characteristics are
affecting the final price of the public procurement. In order to be able to compare the
tenders among each other, only public procurement of homogeneous goods is analyzed.
The presented model attempts to explain a variation in final price per one unit as a
function of estimated unit price, market price and characteristic of procurement
procedure – type of procedure, number of bidders and use of electronic auction.
In case of electricity and gas public procurement final price elasticity with respect to the
estimated price tents to be higher than such elasticity with respect to the market price.
This result suggests high rigidity in public procurement procedures. We show that such
ineffectiveness is reduced by using open procedure, electronic auction or attracting
more bidders.

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Deloitte

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CRIF
McKinsey
Patria Finance