European Single Procurement Document

The European Single Procurement Document (ESPD) is an official self-declaration form used by companies when bidding for public sector contracts within the European Union. Instead of submitting extensive paperwork, businesses complete the ESPD to confirm they meet certain requirements, such as financial stability and compliance with laws. This simplifies the process, reducing administrative burden and making cross-border procurement easier. Public authorities in EU countries can verify the information electronically, streamlining the procurement process and promoting transparency and fairness across member states.