Easing renegotiation rules in public procurement: Evidence from a policy reform

• 成果类型: Article
• 署名作者: De Jaegher, Kris; Soltes, Michal; Titl, Vitezslav
• 署名单位: Utrecht University; Charles University Prague; KU Leuven
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/j.jpubeco.2025.105445
• 发表日期: 2025
• 关键词: Public procurement; RENEGOTIATION; Costs and quality

摘要

Public procurement contracts require frequent renegotiation. Exploiting a natural experiment induced by the implementation of an EU policy in the Czech Republic, we examine the effect of easing renegotiation rules on the outcomes of public procurement. We document that the policy decreased winning bids but did not change the final price, as post-award renegotiations offset the initial bid reductions. We find no evidence of a decline in the quality of the delivered procurement projects. We rationalize our findings using a stylized theoretical model.