The Contractor’s Insolvency, Grounds for Amending the Public Procurement Contract
Research in Financial Markets, Regulation, and Corporate Finance in a Changing Landscape: 40FIN 2022
The public procurement contracts, with their high values and quantities, attract many companies to compete in the market economy. Although public authorities use efficient selection criteria to identify the most competitive economic operator, in the execution of the contract, the company may become insolvent or…