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Comparative Analysis Of Calculation Algorithms Used In The Public Procurement Procedures

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  • Ionel PREDA

    (The Bucharest University of Economic Studies, Romania)

Abstract

In public procurement, knowing the types of calculation algorithms and choosing the right algorithm to establish the scores of the submitted tenders have a very important role. The wrong choice of the calculation algorithm may lead to deficiencies such as obtaining identical scores for different tenders received, or ignoring the actual benefits of a tender due to the inappropriate way of calculating the scores. The calculation algorithm must be set so as to objectively quantify the advantages which the contracting authority seeks to achieve by carrying out the procurement procedure. The article describes the main types of calculation algorithms used in public procurement procedures, a comparative analysis of the results of algorithms applied in case of a real bid and the advantages / disadvantages of using each type of algorithm analysed.

Suggested Citation

  • Ionel PREDA, 2019. "Comparative Analysis Of Calculation Algorithms Used In The Public Procurement Procedures," The USV Annals of Economics and Public Administration, Stefan cel Mare University of Suceava, Romania, Faculty of Economics and Public Administration, vol. 19(1(29)), pages 191-202, June.
    • Handle: RePEc:scm:usvaep:v:19:y:2019:i:1(29):p:191-202
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    File URL: http://www.seap.usv.ro/annals/arhiva/USVAEPA_VOL.19,ISSUE_1(29),2019_fulltext.pdf
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