Analysis uncovers challenges with buyer's auctions in public procurement, highlighting risks like collusion and poor quality goods.
Due to Public Procurement Federal Law №94-FL buyer’s auction was implemented into the practice of Public Procurement. Th e article explores the differences between seller’s and buyer’s auctions and identifi es specifi c features of buyer’s auctions which prevent contracting authority from using this way of purchasing goods: purchasing the cheapest but worst quality good, suppliers incentives for dumping and collusion.
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А. В. Иванов (2010) studied this question.
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