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Effectivness of Legislative Novel on Procurement Contracts in Prague
Mrázek, Martin ; Babin, Jan (advisor) ; Svoboda, Miroslav (referee)
This paper is focused on impact of amendment to the Act on public procurement contracts of April 1, 2012 in Prague. Assumption that this legislative change will reduce prices of these contracts was not confirmed, at least in the first year of its application. Regression analysis shows that use of more transparent procedures included in the amendment to the Act would lead to 4 % price decline. But contracts affected by this legal change almost disappeared, probably due to manipulation with tenders. Also number of bidders has significant impact on price.

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