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International Journal of New Technology and Research

Impact Factor 3.953

(An ISO 9001:2008 Certified Online Journal)
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Public Procurement Liability System in Latvia

( Volume 3 Issue 7,July 2017 ) OPEN ACCESS

Inara Opmane


Procurement as business process management object has significant economic impact in both the private sector and the public sector. It affects both production and service sector and public administration also. This article analyzes procurement as business process its management and related risks. Research on Public procurement cover both procurement problems in economic models generally. Over time procurement research changing according to specific economic models. Research is based on situation analysis and statistical data in Latvia. The main interest was devoted to public procurement processes related to infrastructure (constructions) development. Data about situation in Latvia approve that data are real, but processes are similar in others countries also.

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