Effectiveness audit in the state procurement management system

Beka Patsatsia

Effectiveness audit in the state procurement management system

Beka Patsatsia

PhD student at Sukhumi State University

Abstract

Peer review method: Double-Blind

Accepted: September 21, 2023

Published: September 29, 2023

Original scientific article

DOI suffix: 10.36962/NEC18032023-61

The article discusses the possibilities of efficiency audit in the field of state procurement of Georgia. Taking into account the competitive environment in the modern tender market, in order to ensure the fair and efficient use of budget funds, a special place in the management of public finances is occupied by the efficiency audit.

The purpose of the study is to analyze the state of competitiveness in the state procurement process in Georgia based on the efficiency audit and to evaluate its relationship with the decrease in the tender price. In order to achieve the set goal, in the process of the research, the author has processed the factors that affect such a dependent variable as - "decrease in price". A regression analysis has also been conducted to check the influence of independent factors.

Based on the necessity of competition in state procurement, the article also discusses the issues related to the challenges still existing in Georgia in this direction. At the same time, approaches are proposed that ensure the improvement of competition in the procurement process. The article highlights the importance of efficiency audit in the state procurement system, which is primarily a prerequisite for optimal use of state funds and effective management of the public management process.

Keywords: public procurement, efficiency audit, competitiveness price, SPA tender with reverse auction

References:

Drozd I., Pismenna M., et al. Audit Assessment of the Effectiveness of Public Procurement Procedures. Independent Journal of Management&Production (Special Edition ISE, S&P), Vol. 12, N. 3(2021);
Snopok A. Audit of efficiency of the Account Chamber of Russian Federation. Journal “Innovation and Investment”, 2019;
Shmygol N. Modern approaches to public procurement efficiency audit. Приазовский экономiчний вiсник, 2022;
SIGMA (2016), Audit of Public Procurement, Brief 28, OECD Publishing;
Zdyrko N.H., Ostapchuk S.M. Analysis and State Audit of Public Procurement: The criteria of effectiveness. Облik i фiнанси, №1 (87), 2020;
Jalagonia D.; Efficiency audit in the system of state financial control, Samtskhe-Javakheti State University is 25 yares old; Inter-university scientific conference “Current problems of economy and business” 2015
Jalagonia D.; Efficiency audit as a mechanism for managing public finances; XII International Scientific Conference, Education and Economics, Wloclawek-Kaniewo (Poland), 21-24 May, 2015.

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Published Date:

07/10/2023

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