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On July 1, 2024, the Transparency and Accountability in Public Administration and Services (TAPAS) Activity concluded its work in Ukraine.

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    • TRANSPARENCY AND ACCOUNTABILITY
    IN PUBLIC ADMINISTRATION AND SERVICES
    TAPAS
    Media and materials
    Reserve price above the market level does not attract more participants to public procurement auctions. Evidence from Ukraine
    29.01.2018
    10:50

    Based on the analysis of more than two thousand auctions conducted using electronic public procurement system ProZorro, the research has shown that overestimation of the reserve price negatively affects the auction results: worsens the result of the zero round, does not improve competition during the auction and does not increase the number of participants.

    Reserve-price-above-the-market-level-does-not-attract-more-participants-to-public-procurement-auctions.-Evidence-from-Ukraine
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