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Public procurement: Calls for small works increase but collapse for large amounts

Posted: 17 July 2017

Small public works contracts show signs of recovery after the entry into force of the Procurement Code correction.

According to Cresme-Sole 24Ore Observatory data, calls for tenders up to €15 million are growing in June with variations ranging between 18 and 45% per annum.

The aggregate amount of works contracted in the entire market in June recorded a 33.6% reduction compared to June 2016 due to the collapse (-69.5%) of the major works of higher value to €50 million.