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The Purchase Portal Saves Public Institutions Millions
Summary by Kringvarp Føroya
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1 Articles
It is estimated that the country's framework agreements, which are concluded through Keyp Landsins, mean an annual saving for the country's institutions of approximately ISK 6.5 million. This is stated in the annual report of the Central Bank. It also states that the number of public tenders will increase by 61 percent in 2025. The standardization of public procurement means a saving of several million for public institutions, active competition…
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