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Optimization of public procurement system by using the new mathematical model when selecting the most economically advantageous tender (MEAT)


Volarević, Hrvoje; Mišević, Petar; Rudančić, Andreja
Optimization of public procurement system by using the new mathematical model when selecting the most economically advantageous tender (MEAT) // Proceedings of The International Scientific Conference "TRADE PERSPECTIVES 2021: International trade in a post COVID-19 world" / Baković, Tomislav ; Naletina, Dora ; Petljak, Kristina (ur.).
Zagreb: Ekonomski fakultet Sveučilišta u Zagrebu ; Hrvatska gospodarska komora (HGK), 2021. str. 183-196 (predavanje, recenziran, cjeloviti rad (in extenso), znanstveni)


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Naslov
Optimization of public procurement system by using the new mathematical model when selecting the most economically advantageous tender (MEAT)

Autori
Volarević, Hrvoje ; Mišević, Petar ; Rudančić, Andreja

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Proceedings of The International Scientific Conference "TRADE PERSPECTIVES 2021: International trade in a post COVID-19 world" / Baković, Tomislav ; Naletina, Dora ; Petljak, Kristina - Zagreb : Ekonomski fakultet Sveučilišta u Zagrebu ; Hrvatska gospodarska komora (HGK), 2021, 183-196

ISBN
978-953-346-168-7

Skup
Trade Perspectives 2021: International trade in a post COVID-19 world = Perspektive trgovine 2021: Međunarodna trgovina u post-COVID 19 svijetu

Mjesto i datum
Zagreb, Hrvatska, 25.11.2021. - 26.11.2021

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Recenziran

Ključne riječi
optimization of public procurement ; decision maker ; multi-criteria decision-making model ; relative importance of criteria ; complex procurement ; Solver

Sažetak
This Paper analyzes the public procurement system in the Republic of Croatia, regulated by the European Union Directive 2014/24/EU and the Public Procurement Act (OG 120/2016) that lays down two basic criteria for selection of tenders – the lowest price, i.e., the most economically advantageous tender (MEAT). Unlike the lowest price, which can only be applied in exceptional situations and represents a single-criterion decision-making problem with numerous constraints, the MEAT criterion represents a multi-criteria decision-making problem that uses different bid evaluation models. Basic precondition for such models is to define the criteria represented by the MEAT and to determine their relative importance based on the contracting authority's subjective assessment, which also showcases its complexity. Although today there are generally accepted methods of multi-criteria decision-making that offer quality software solutions, the problem of defining the relative preferences of each criterion remains. Accordingly, the main goal of this Study is to present a new model of multi- criteria decision- making in the preparation of public procurement procedures in the Republic of Croatia. Such a model proposes a specific approach that requires decision-makers to be able to rank the importance of selected criteria in descending order, while the mathematical process is based on multi- criteria decision-making in which the value of the weighted criteria is estimated. In the set model, variables represent assigning weight to a criterion, which means that the contracting authority did not have to define them in advance on his/her own, but they had been calculated instead. This is also the basic difference of this model concerning the standard calculation method where relative significance of the criteria must be determined in advance or the weight range for each criterion with the corresponding maximum difference in points must be determined. Since this is a linear programming problem, the calculation will be made by using Excel or its Solver add-in on the selected practical example. Accordingly, it can be assumed that this model might represent a significant contribution to the optimization of public procurement systems both in the Republic of Croatia and in other countries of the European Union.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija, Interdisciplinarne društvene znanosti



POVEZANOST RADA


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Sveučilište Libertas,
Sveučilište Sjever, Koprivnica

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Citiraj ovu publikaciju:

Volarević, Hrvoje; Mišević, Petar; Rudančić, Andreja
Optimization of public procurement system by using the new mathematical model when selecting the most economically advantageous tender (MEAT) // Proceedings of The International Scientific Conference "TRADE PERSPECTIVES 2021: International trade in a post COVID-19 world" / Baković, Tomislav ; Naletina, Dora ; Petljak, Kristina (ur.).
Zagreb: Ekonomski fakultet Sveučilišta u Zagrebu ; Hrvatska gospodarska komora (HGK), 2021. str. 183-196 (predavanje, recenziran, cjeloviti rad (in extenso), znanstveni)
Volarević, H., Mišević, P. & Rudančić, A. (2021) Optimization of public procurement system by using the new mathematical model when selecting the most economically advantageous tender (MEAT). U: Baković, T., Naletina, D. & Petljak, K. (ur.)Proceedings of The International Scientific Conference "TRADE PERSPECTIVES 2021: International trade in a post COVID-19 world".
@article{article, author = {Volarevi\'{c}, Hrvoje and Mi\v{s}evi\'{c}, Petar and Rudan\v{c}i\'{c}, Andreja}, year = {2021}, pages = {183-196}, keywords = {optimization of public procurement, decision maker, multi-criteria decision-making model, relative importance of criteria, complex procurement, Solver}, isbn = {978-953-346-168-7}, title = {Optimization of public procurement system by using the new mathematical model when selecting the most economically advantageous tender (MEAT)}, keyword = {optimization of public procurement, decision maker, multi-criteria decision-making model, relative importance of criteria, complex procurement, Solver}, publisher = {Ekonomski fakultet Sveu\v{c}ili\v{s}ta u Zagrebu ; Hrvatska gospodarska komora (HGK)}, publisherplace = {Zagreb, Hrvatska} }
@article{article, author = {Volarevi\'{c}, Hrvoje and Mi\v{s}evi\'{c}, Petar and Rudan\v{c}i\'{c}, Andreja}, year = {2021}, pages = {183-196}, keywords = {optimization of public procurement, decision maker, multi-criteria decision-making model, relative importance of criteria, complex procurement, Solver}, isbn = {978-953-346-168-7}, title = {Optimization of public procurement system by using the new mathematical model when selecting the most economically advantageous tender (MEAT)}, keyword = {optimization of public procurement, decision maker, multi-criteria decision-making model, relative importance of criteria, complex procurement, Solver}, publisher = {Ekonomski fakultet Sveu\v{c}ili\v{s}ta u Zagrebu ; Hrvatska gospodarska komora (HGK)}, publisherplace = {Zagreb, Hrvatska} }




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