Feeds

Procurement classification system under scrutiny

The commission consults

Internet Security Threat Report 2014

The European Commission today launched a consultation on a proposed update to the Common Procurement Vocabulary (CPV), which is the EU-wide classification system for public procurement contracts.

The CPV helps all EU businesses and SMEs to easily identify public procurement contracts offered by any EU public authority, irrespective of the original language of the tender notice.

It works by allowing businesses to insert the relevant CPV code corresponding to their products or services into the Tenders Electronic Daily (TED) database, where all calls for tender in the EU are published. The system is able to describe contract types in 20 EU languages.

The updated version of the CPV will take account of recent market developments and new possibilities offered by electronic procurement, such as structuring and analysis of expenditure and compilation of statistics. The results of the consultation, which is in the form of an online questionnaire, will contribute to the final version of the updated CPV.

"The CPV classification system has become a vital day-to-day business tool for companies that supply hospitals, utilities, governments, local councils, railways or universities - to name just some of the vast array of sectors covered by public procurement rules," internal market and services commissioner Charlie McCreevy said.

"It boosts cross-border competition for public contracts, brings down language barriers, and means better value for money for taxpayers. But the classification isn't set in stone. When market conditions change, the CPV needs to change too. Public authorities now have the opportunity to give us their views and help us ensure the new classification reflects today's needs."

See: the consultation 

Copyright © 2006, OUT-LAW.com

OUT-LAW.COM is part of international law firm Pinsent Masons.

Internet Security Threat Report 2014

More from The Register

next story
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.