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The Concept Of Abnormally Low Tenders And Romanian Public Procurement: A Practitioner’S Perspective

Author

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  • Gratian Urechiatu-Burian
  • Violeta Simionescu

Abstract

The concept of Abnormally Low Tenders (ALTs) is a relevant issue at the practical level in public procurement. This paper examines the need for a rigorous approach in the practice of detection, analysing and making a decision on ALTs, both at the level of process and content related dimensions of the concept. Within the frame of the new legislation governing Public Procurement in Romania, an interdisciplinary approach is identified as required in the practice of ALTs: understanding and applying legal requirements is equally important as understanding economics in assessing a tender as abnormally low.

Suggested Citation

  • Gratian Urechiatu-Burian & Violeta Simionescu, 2016. "The Concept Of Abnormally Low Tenders And Romanian Public Procurement: A Practitioner’S Perspective," FIAT IUSTITIA, Dimitrie Cantemir Faculty of Law Cluj Napoca, Romania, vol. 10(2), pages 256-271, October.
    • Handle: RePEc:dcu:journl:v:10:y:2016:i:2:p:256-271
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    More about this item

    Keywords

    Romanian Public Procurement practice; abnormally low tenders; public procurement directives;
    All these keywords.

    JEL classification:

    • H57 - Public Economics - - National Government Expenditures and Related Policies - - - Procurement
    • K0 - Law and Economics - - General
    • K10 - Law and Economics - - Basic Areas of Law - - - General (Constitutional Law)
    • K40 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - General
    • J0 - Labor and Demographic Economics - - General

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