RESOURCE CENTRE

SEARCH FOR RESOURCES (Total number: 959)

RESOURCES SEARCH RESULTS ( 1 - 1 from 1 )

Abnormally Low Tenders
There is often keen competition between economic operators, which submit competitive, low-price bids in order to secure work, retain employment and maintain their presence on the market. Low prices can, potentially, result in significant financial benefits to contracting authorities. It may also be the case that low-priced tenders are “too good to be true” and will be very poor value for money or will not be delivered at all. It is in this context that the concept of “abnormally low tenders” arises. This brief includes information on identifying and reacting to abnormally low tenders,
English
Europe/EU
General GPP/SPP
SIGMA, OECD
2016