On the question of the character of public procurement

Abstract

The authors of the article considered the legal character of public procurement as one of the elements to ensure the implementation of the principle of information openness (public reliability) at all stages of this process. This process is aimed at observing the interests of procurement participants, as well as the state and society as a whole.

This study puts forward and substantiates the thesis that an important aspect of the publicity of procurement is the need to ensure their openness and transparency (public reliability) or, in other words, to ensure the transparency of the procurement process. In this case, thanks to the open process of planning and involving a wide range of participants in procurement, their competitiveness increases, which makes it possible to reduce the initial (maximum) contract price and use the best conditions for its execution. This, in turn, contributes to the rational and economical use of funds allocated for procurement.