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Vol 23 No 10 Oct/Nov 2018

Book of the Month

Cover of Civil Fraud: Law, Practice and Procedure

Civil Fraud: Law, Practice and Procedure

Edited by: Thomas Grant, David Mumford
Price: £219.00

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


ISBN13: 9781107434981
To be Published: December 2018
Publisher: Cambridge University Press
Country of Publication: UK
Format: Paperback (Hardback in 2016)
Price: £25.99
Hardback edition , ISBN13 9781107077966



Framework agreements have arisen in response to the well documented and high costs of public procurement procedures. The agreements have significant potential to improve procedural efficiency in public procurement, but 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 enlightening book, Gian Luigi Albano and Caroline Nicholas 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 policy makers, lawyers and public procurement practitioners who want to deepen their understanding of the legal and economic issues surrounding framework agreements.

  • Gives a thorough theoretical grounding for framework agreements, making this book accessible for both students and policy makers
  • Real-world case studies and examples are used throughout, so that readers can ground their learning in current events and developments
  • Suggests clear and practical solutions to the challenges faced by those designing framework agreements

Subjects:
Public Procurement
Contents:
Part I. Framework Agreements: Basic Definitions, Main Economic Forces and International Experience:
1. Introduction
2. Basic taxonomy of framework agreements
3. Some key economic dimensions in framework agreements
4. The economic analysis of framework agreements
5. International experience in framework agreements procedures
6. International experience on framework agreements operated by centralised purchasing agencies
Part II. Fostering Competition and Preventing Collusion in Framework Agreements:
7. Promoting effective competition and enhancing outcomes in framework agreements
8. Integrity concerns in framework agreements
9. Addressing risks of collusion
Part III. The Design of Framework Agreements:
10. The design of framework agreements
11. Framework agreements for centralised procurement
12. Policy and regulatory issues.