EC affirms 2016 for electronic procurement

Wednesday, May 16, 2012

For the European Union, all public sector buyers will be required to do their procurement electronically by 2016, according to a new deadline. The European Commission set the 2016 deadline because it believes that some 100 billion euros of the current 2 trillion euros spent annually on procurement can be saved in the European Union by mandating that companies use e-procurement tools. Activities covered under the guidelines include posting all contract o...

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