EU's Buy European Rules: Impact on China and Business
11 Articles
11 Articles
The European Union is on the verge of a major change in how billions of euros are spent in public money each year. A leaked bill from the European Commission, which has been reviewed by the FD, shows that Brussels permanently wants to get rid of the traditional focus on the “lowest price” in public tenders. From now on, mandatory criteria such as quality, greening, innovation and European strategic autonomy should be decisive.
The European Commission would increasingly focus EU public procurement on supporting European industry: in addition to price, sustainability, security of supply and EU manufacturing would be given greater weight. The reform could help clean technology sectors, particularly those hit by Chinese competition, but industry players say it could easily come too late due to the multi-year legislative process.
With new, simpler rules, the EU's enormous procurement budget must henceforth contribute to greening, innovation, and less dependency...
The European Commission will revise public procurement rules to allow member state governments to prioritize European companies in public contracts and legally exclude companies from third countries (primarily China) whose public procurement markets are not open. This move aims to reduce dependence on China and address trade deficits and dumping; public procurement accounts for approximately 14%-15% of the EU's GDP.
Bolzano – The trade and service industry association (lvh.apa) welcomes the European Union's plans to focus more on European added value in public tenders in the future. According to a draft regulation of the European Commission, contracting authorities should be able to favour offers from Europe in the future if at least 50 percent of the value added is generated within the European Union. "This development is an important signal [...]
55% of the tenders in the European Union are still awarded on the basis of the price alone. It is in this context that the European Commission is preparing to present the new Public Procurement Act, with which it intends to intervene on how to award public contracts and extend the criteria that can be used by the administrations. The proposal concerns a sector [...] The article EU Public Procurement: stop at the lowest price and non-compulsory s…
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