Public procurement law is close to the hearts of many investors and others involved in property and construction in the Czech Republic. It has long been of importance to their day-to-day business, not only since public authorities award construction projects, but also because other areas (such as maintenance or services contracts) are affected by these rules. Public procurement was first regulated under a Czech law in 1994. But during the negotiations to join the European Union, officials in Brussels persistently called for more changes, arguing that Czech rules still fell short of EU norms. On the eve of accession, the Czech government agreed to overhaul public procurement law. It proposed an act on public procurement, the main objective of which was to ensure full compliance with the EU. This was adopted in December 2003 and took effect with accession on 1 May.
展开▼