Dynamics of Government Contracting: Proposals For Efficiency and Satisfaction of Public Needs
The present article aims to present a proposal for efficiency and satisfaction of public needs related to government contracting, given the notorious cases of low efficiency in investments of public interest around the world. To understand the various factors involved, a comparative study was first carried out between public procurement processes and their requirements in different countries. A generic and hypothetical case was then modeled in the form of a simple dynamic system related to government contracting. This way, the authors suggest that, even in a selection system based on the lowest price, it is possible to obtain quality of design and construction provided that some conditions, which will be presented throughout the article, are implemented.
Index terms - Government Contracting, Public Investment, Public Projects, Infrastructure.