Public procurement (PP) plays an important role in the overall economic performance of the European Union. In Europe, public authorities spend around 18-19% of GDP on supplies, works and services to meet the needs of citizens and public administration; this represents a constant flow of public investment which has become even more important in times of economic crisis. Given the volume of purchases, public procurement can be used as a powerful lever for achieving smart, sustainable and inclusive growth.
The new provisions on public procurements will help to boost investments though public procurements contracts for works and services in order to guarantee respect for social and environmental obligations, to promote innovation and quality and to ensure sound and efficient public expenditure.