The Law and Economics of Framework Agreements - Designing Flexible Solutions for Public Procurement

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    Framework agreements have arisen in response to the well-documented high costs of public procurement procedures. The agreements have significant potential to improve procedural efficiency in public procurement, but they are complex to operate. Inadequate preparation and implementation can also frustrate their potential both to tackle waste, abuse and corruption and to enhance value for money.

    In this book, Caroline Nicholas and myself look at the key decisions required for designing and using framework agreements and address both legal and economic issues to give the reader a clear understanding of the planning, variables and flexibility needed for efficient implementation. This book will be of interest to policymakers, lawyers and public procurement practitioners who want to deepen their understanding of the legal and economic issues surrounding framework agreements.

    The book can be found on the Cambridge University Press' online catalogue:

    http://www.cambridge.org/lr/academic/subjects/law/international-trade-law/law-and-economics-framework-agreements-designi…