Public Procurement in the EU amounts to 1 trillion Euro. However, the violation of the public procurement rules remains one of the main sources of irregularities and fraud in projects co-financed by Structural Funds. The European Commission constantly implements decisions to suspend or interrupt European funding due to the infringements of public procurement procedures. Ensuring correct public procurement – a proper drafting of tenders, running of negotiations, assignment and conclusion of the contract – is essential for all contracting authorities.
With European funding involved, all ESI Funds managing bodies have to monitor and audit the procurement procedures for EU funded projects and ensure their compliance with national and European regulation. The knowledge of public procurement rules, acquaintance with relevant procedures as well as awareness of the potential violation risks and know-how in handling irregularities and financial corrections are indispensable for all experts involved in management and control of EU Funds.