Page 25 - Azerbaijan State University of Economics
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Philipp Kunz, Richard Pospíšil, Ondřej Kročil: Economic Benefits of The Sustainable Public
                    Procurement Law


                    competition, efficiency and effectiveness, legitimacy, professionalism, integrity and
                    impartiality, and review and appeal of rights (Zambia Public Procurement Authority,
                    n.d.).  Furthermore,  besides  corruption  and  nepotism  among  officials,  compliance
                    with  public  procurement is  also  affected  by  numerous  other  factors.  Some  of  the
                    main elements  include bureaucracy,  training,  and  tendering  procedures  (Biramata,
                    2014).  In  this  context,  bureaucracy  refers  to  an  extremely  complicated  system  of
                    administration. On the other hand, practice is about whether the officials have then
                    required  knowledge  and  skills  for  quality  execution  of  public  procurement
                    processes.  In  addition  to  training,  enforcement  of  mechanisms,  and  bureaucracy,
                    ethics  also  plays  a  vital  role  in  impacting  compliance  with  public  procurement
                    requirements  (Abere  and  Muturi,  2015).  Thus,  all  these  factors  must  be  given
                    substantial consideration during public procurement processes.

                    4.  Discussion and Data Analysis

                    Public  procurement  has  long-term  social,  economic,  and  environmental  positive
                    impacts  to  the  economy  of  a  state/nation.  From  the  findings  of  this  paper,  these
                    benefits included achievement of VfM, sustainable economic development, a boost
                    of morals, environmental protection, and enhancement of competition of SMEs/local
                    entities.  Also,  PP  improves  working  conditions,  accelerates  achievement  of
                    development goals, and creates a better society. All these positive impacts are made
                    possible by the public procurement law. Moreover, they are essential for economic
                    development. Precisely, the public procurement outlines the required procedures to
                    be followed to the letter by the tendering officials. As such, biases and errors that
                    might  have  occurred  in  the  absence  of  regulations  are  eliminated.  For  the
                    achievement  of  VfM,  the  public  procurement  law  ensures  optimal  delivery  of
                    services. It reduces wastage and enhances savings. Moreover, it provides quality and
                    durable works, services and products (Nsiah-Asare and Prempeh, 2016). Regarding
                    economic  development,  public  procurement  regulations  ensure  that  only  the  most
                    qualified  suppliers,  contractors,  and  others  service  providers  with  the  required
                    capacities  are  awarded  the  contract.  In  turn,  only  quality  works  are  done;  thus,
                    leading to economic growth. Also, public procurement laws emphasise on how the
                    officers, suppliers, and the general public should act (Public Procurement Oversight
                    Authority,  n.d.).  As  a  result,  it  boots  ethical  behaviour.  Similarly,  public
                    procurement comprises laws that govern against activities that negatively impact the
                    environment.  Some  of  the  activities  recommended  by  the  law  include  effective
                    management of chemicals and reduction of air and water pollution (UN Procurement
                    Practitioner’s  Handbook,  2012).  About  competition,  public  procurement  creates  a
                    platform where contracts for small and new companies are separated from those of

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