The Law And Economics Of Framework Agreements

The book itself is in three parts. The first focuses on the essential framework conditions – the basic definitions, the main economic issues and a useful debate on international experiences (which aims to be a very international book). The second part deals with the “promotion of competition and the prevention of collusion in framework agreements” and the last part concerns the design of framework agreements. Framework agreements have been concluded in response to the well-documented and high costs of public procurement procedures. Agreements have considerable potential to improve the efficiency of public procurement procedures, but they are complex to exploit. Insufficient preparedness and implementation can also thwart their potential to combat waste, abuse and corruption, as well as improved price performance. In this informative book, Gian Luigi Albano and Caroline Nicholas examine the most important decisions required for the design and use of framework contracts and address both legal and economic issues in order to make the reader clear about the planning, variables and flexibility required for effective implementation. This book will be of interest to policy makers, lawyers and public procurement practitioners who wish to better understand the legal and economic issues related to framework agreements. The implementation of framework agreements can reduce costs, improve efficiency and make the public procurement process more transparent. However, the risks of poor implementation are high and can undermine cost-effectiveness, increase waste and drive the process of abuse and corruption.

Gian Luigi Albano, Head of Division at Consip Spa, National Procurement Centre (Italy) and Caroline Nicholas, Head of Technical Assistance at UNCITRAL, have written a book entitled “Law and Economics of Framework Agreement”. Designing Flexible Solutions for Public Procurement”, published by Cambridge University Press in 2016. In this eye-opening book, they examine the key decisions needed to design and use framework agreements and address both legal and economic issues, in order to provide a clear understanding of the planning, variables and flexibility needed for effective implementation. Most readers will know what executives are in the public sector sense, but few of us could have imagined that there would be enough material on this topic to fill a book of about 330 pages. However, based on our first view, it seems that the authors have managed to keep it relevant and interesting to anyone (practitioner, academic, lawyer, supplier or policy makers) interested in the current functioning, functioning and functioning of public procurement. This webinar will be of interest to government officials and other stakeholders interested in reforming and implementing framework agreements in their legal systems. Prior to becoming Director of the Legal Transition Programme, the EBRD`s initiative to help its countries of intervention improve their legal framework for businesses, Michel worked for nearly three years as a consultant in the banking department. .

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