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RSSPublic procurement authorities in the EU can use the Internal Market Information System (IMI) to verify the information and documentation they receive from companies in other EU countries.
The new EU public procurement system, entering into force on 18 April 2016, will open up fresh opportunities for public authorities to spur eco-innovation by using new award criteria in contract notices that place more emphasis on environmental considerations.
Today, the European Commission adopted the European Single Procurement Document (ESPD) that will considerably reduce the administrative burden for companies, in particular small and medium-sized enterprises (SMEs), who want to have a fair chance at winning a public contract.
Few activities create greater temptation or offer more opportunities for corruption than public procurement, which generates significant financial flows (€2 trillion in the EU annually).
Since 18 April 2016, three directives on public procurement and concessions adopted in 2014 have profoundly changed the way Member States and public authorities spend a large part of the €1.9 trillion used on European public procurement every year.