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Europe’s public procurement market, an untapped potential of €2 trillion

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The EU needs more competitive and strategic public procurement to unlock the full potential of a €2 trillion market (14% of EU GDP) – and that will require a revision of the existing framework, according to Enrico Letta’s recently published report on the single market.

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“The public procurement market should be leveraged as a key instrument for promoting social value, enhancing social capital and aligning with the EU’s ambitions for green and digital transformations,” the former Italian prime minister wrote.

Since reform of the framework in 2014, however, he pointed out that procedures have not been simplified,…



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