What we�ve been reading about rules and discretion in public procurement

India Procurement11 Feb, 2022Business

However, making reforms comes with its fair share of challenges. In a seminal paper, Bandiera et al. (2009) studied the determinants of the cost of inefficient public procurement in Italy. Their analysis indicated that passive waste ? i.e. waste in cases of inefficiency due to lack of competencies or inappropriate use of discretion, low incentives, regulatory burden, or general mismanagement of public offices ? accounted for at least 82 percent of the estimated waste associated with government procurement.