Public Spend Forum Europe – Public Procurement Highlights from this Week

Public Spend Forum is dedicated to public sector procurement and aims to be a global community and knowledge network for improving public procurement and the public sector market. In Europe alone, we are talking about well over a trillion Euros of money from taxpayers and citizens being spent by governments and public sector bodies. Worth doing well, you might consider.

Part of the PSF site is dedicated to Europe-related issues, and that is where you will find our articles and news stories from this week, and, on this occasion, from the holiday period. It will require a one-off, quick registration to view them. Please join us – follow the links in the summaries below.

NAO On Commercial & Contract Management (Final Insight)

We come to the end of our analysis of the UK National Audit Office insights on “Commercial and contract management: insights and emerging best practice”. The final one comes under the “transition and termination” heading, and is titled “Allow time to consider potential end of contract”. If buyers don’t think early enough about options at the end of the contract, there is a danger that the status quo will be maintained simply through lack of time to do anything else. Contracts are often extended, rather than carrying out timely analysis of commercial strategy and market considerations which could open up better options. we add our own thoughts to this.

A Critique Of The Private Finance Initiative

The UK’s Private Finance Initiative (PFI) is being blamed as one of the causes behind the collapse of Carillion. But that charge against PFI is not really fair; it appears to have been more conventional problems with some major projects that brought the firm down, not anything in particular related to the structure of PFI deals. An analytical critique of PFI came out last week from the UK National Audit Office; at its core it comments that “there is still a lack of data available on the benefits of private finance procurement”. While the report is even-handed, it does give an overall sense that the benefits of the initiative may not outweigh the negatives. Let's take a look.

And in other news ...

Council Of Europe’s Anti-Corruption Monitoring Report and Recommendations

Polish Government Develops National Cryptocurrency

Ukraine - Public Procurements Complaints Grow In 2017

New Simpler Contract For SMEs In Public Works

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