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How can increasing competition in public procurement drive down costs? Join us to uncover insights from over 2,000 Danish tenders and learn about the powerful impact of competitive bidding.
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- Online only
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- Submitted by
- European commission
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Description
This online event delves into the findings from an extensive analysis of Danish public tenders from 2015 to 2022, highlighting how increased bidder participation can significantly lower contract prices. The study reveals that contracting authorities can achieve a 10-13% price reduction when more bids are received, with a reduced risk of inflated contract costs. Join us to explore how streamlined and competitive procurement processes can benefit the public sector, enhance welfare funding, and ultimately contribute to a more sustainable economy.