Abstract
The rules governing the public procurement cycle grant wide discretion to contracting authorities to determine the award criteria, with price being the sole mandatory award criterion among others of optional character. The application of principles of good governance may contribute to steer the authorities´ discretion by applying instruments and methodologies, such as the so-called Total Cost of Ownership, which allow technically justify the selection of the award criteria with the aim to guarantee an adequate balance between quality and price.
| Translated title of the contribution | Good Governance in Government Procurement: The Total Cost of Ownership Methodology as a proposal to improve the determination and application of bid evaluation factors |
|---|---|
| Original language | Spanish |
| Pages (from-to) | 60-81 |
| Number of pages | 22 |
| Journal | Ius et Veritas |
| Volume | 2021 |
| Issue number | 62 |
| DOIs | |
| State | Published - 2021 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 16 Peace, Justice and Strong Institutions
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