ACTIVITIES :: eGovernment :: Policy :: eProcurement

eProcurement

Deploying high-impact e-government services like e-procurement can save billions of euros for European public administrations, which means more taxpayers money available for essential services.

Government revenues account for some 45% of GDP and public authorities purchase services and goods to the value of some 15 to 20% of GDP or €1500 to €2000 billion in Europe every year. Electronic procurement and invoicing could save 5% in total procurement costs and reduce transaction costs by 10% or more, leading to savings of tens of billions of euros annually.

Member States have committed themselves to the goal that, by 2010, 100% of public procurement will be available electronically, with 50% actually used.