EU stake out electronic public procurement
To quote the eGovernment agenda:Government revenues account for some 45% of GDP and public authorities purchase 15 to 20% of GDP or €1500 to 2000 billion in Europe every year. Electronic procurement and invoicing could result in savings in total procurement costs of around 5% and reductions in transaction costs of 10% or more, leading to savings of tens of billions of euros annually.
Click here to access the full EU communication.
posted by FrankB @ Wednesday, August 30, 2006
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