Joint Public Procurement
Joint Public Procurement (JPP) is a financial instrument for contracting authorities from different Member States fostering joint procurements. By aggregating their resources, public procurers increase their purchasing power and may hence obtain better contractual conditions, reach more easily important market threshold values and have at their disposal a stronger instrument for orienting the market. Therefore, joint public procurement can increase the effectiveness of the public procurement procedure and at the same time share the risk linked to the procurement notably of innovative solutions.
Published: 2015.11.06 | Last updated: 2015.11.06