European Union (EU) Public Contract Directive

The EU Public Contract Directive is a set of rules established by the European Union to guide public sector procurement across member states. Its purpose is to ensure that public contracts are awarded fairly, transparently, and competitively. This means that government bodies must follow specific procedures when selecting suppliers, promoting equal access for businesses while aiming to achieve the best value for taxpayers. The directive encourages efficiency, innovation, and cross-border cooperation within the EU, ensuring that public spending is managed responsibly and in line with broader EU principles of openness and accountability.