Accession Number:

AD0641890

Title:

IDENTICAL BIDDING IN PUBLIC PROCUREMENT.

Descriptive Note:

Corporate Author:

DEPARTMENT OF JUSTICE WASHINGTON DC

Personal Author(s):

Report Date:

1966-07-01

Pagination or Media Count:

248.0

Abstract:

The volume of procurement affected by identical bidding in 1965 was 58.7 million, up 16.1 million from 1964. Two factors appear to have been responsible for this increase, first the initiation of reporting of identical bid affected procurement by a Federal agency with multimillion-dollar, annual procurements in a product traditionally affected by identical bidding, and second, the rise in the volume of public procurement over the preceding year. The addition of a large volume of procurement not heretofore reported distorts the comparability of 1965 volume with that of preceding years. When appropriate adjustments are made, however, to achieve comparability, it is found that the volume of Federal and State and Local procurement affected by identical bidding in 1965 was about 5.3 percent above 1964. This increase is roughly equivalent to the percentage increase in all advertised public procurement between 1964 and 1965. Consequently the ratio of identical bid procurement per dollar of advertised procurement in 1965 of five-tenths of 1 percent was only slightly above the 1964 ratio of four-tenths of 1 percent. Author

Subject Categories:

  • Economics and Cost Analysis

Distribution Statement:

APPROVED FOR PUBLIC RELEASE