The Impact of the Principles of Public Procurement Law on the Economic Effectiveness of Public Procurement

Abstract

The article presents the principles of Public Procurement Law that are of fundamental importance to ensure rational and effective spending of public funds. After the reform of the public procurement law in the European Union in 2014, public procurement has become an instrument implementing the principle of sustainable development. In the Act of 11 September 2019 — Public Procurement Law, the most important changes include, in addition to the principle of effectiveness, the principle of fair competition and the principle of equality. The procedures set out in the provisions on the award of public procurement are to serve the practical application of the principles of: fair competition, equal treatment of contractors, transparency, proportionality and principle of open proceedings.