Government procurement in the European Union in the context of "PwC"

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⭐ Core Definition: Government procurement in the European Union

Government procurement or public procurement is undertaken by the public authorities of the European Union (EU) and its member states in order to award contracts for public works and for the purchase of goods and services in accordance with principles derived from the Treaties of the European Union. Such procurement represents 13.6% of EU GDP as of March 2023, and has been the subject of increasing European regulation since the 1970s because of its importance to the European single market.

According to a 2011 study prepared for the European Commission by PwC, London Economics and Ecorys, the UK, France, Spain, Germany, Poland and Italy were together responsible for about 75% of all public procurement in the EU and European Economic Area, both in terms of the number of contracts awarded through EU-regulated procedures and in value. The UK awarded the most contracts in value terms and France had the highest number of contracts.

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Government procurement in the European Union in the context of NUTS 2

Nomenclature of Territorial Units for Statistics (French: Nomenclature des unités territoriales statistiques; NUTS) is a geocode standard for referencing the administrative divisions of countries for statistical purposes. The standard, adopted in 2003, is developed and regulated by the European Union, and thus only covers the EU member states in detail. The Nomenclature of Territorial Units for Statistics is instrumental in the European Union's Structural Funds and Cohesion Fund delivery mechanisms and for locating the area where goods and services subject to European public procurement legislation are to be delivered.

For each EU member country, a hierarchy of three NUTS levels is established by Eurostat in agreement with each member state; the subdivisions in some levels do not necessarily correspond to administrative divisions within the country. A NUTS code begins with a two-letter code referencing the country, as abbreviated in the European Union's Interinstitutional Style Guide. The subdivision of the country is then referred to with one number. A second or third subdivision level is referred to with another number each. Each numbering starts with 1, as 0 is used for the upper level. Where the subdivision has more than nine entities, capital letters are used to continue the numbering. Below the three NUTS levels are local administrative units (LAUs). A similar statistical system is defined for the candidate countries and members of the European Free Trade Association, but they are not part of NUTS governed by the regulations.

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