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The basis of European procurement regulation lies in the provisions of the European Union treaties which prohibit barriers to intra-Union trade, provide the freedom to provide services and the right to establishment (three of the "Four Freedoms"), prohibit discrimination on the basis of national origin and regulate public undertakings and public monopolies. [3]
The European Commission issued a Commission Implementing Regulation on 5 January 2016 "establishing the standard form for the European Single Procurement Document". [3] Annex 1 of the regulation provides instructions on the use of the ESPD, for example when it can be used, exclusions due to misrepresentation, and what information will be needed.
It was established by Regulation (EC) No 2195/2002 of the European Parliament and of the Council on the Common Procurement Vocabulary (CPV) [1] and amended by European Commission Regulation (EU) No. 213/2008 [2] issued on 28 November 2007.
The most important law about government procurement which contains basic rules of public procurements and administrative contracts was the Law nº 8.666, 21 June 1993, which contained rules for public tenders and for restricted tenders. This law was succeeded by the law Lei 14.133/21, 1st , April, 2021. There are different rules regulating ...
At around £290 billion every year, public sector procurement accounts for around a third of all public expenditure in the UK. [1] EU-based laws continue to apply to government procurement: procurement is governed by the Public Contracts Regulations 2015, Part 3 of the Small Business, Enterprise and Employment Act 2015, [2] and (in Scotland) the Public Contracts (Scotland) Regulations of 2015 ...
In 2021, the EU agreed Directive 2021/2101 which requires public country-by-country reporting to be published by the same companies from 2026 and available on the company's website or on a central register. [10] The requirement under DAC4 remains in place, as more information is required under DAC4 than under the public disclosure rules.
This strong market position generates substantial cash flows that support shareholder returns. Turning to the specifics, the pharmaceutical giant offers investors a 4.3% dividend yield backed by a ...
The CFCU is taking the responsibility for the overall budgeting, tendering, contracting, payments, accounting and financial reporting aspects of all procurement in the context of the EU funded programmes in Turkey. As a central unit, the CFCU is operating as an independent body but is attached to the Secretariat General for EU Affairs of Turkey ...