Public Procurement

Public procurement refers to the procurement of goods, services and works by the state, municipalities and associations of municipalities, state-owned enterprises and other contracting entities defined in procurement legislation outside their own organization.

Public procurement has very significant economic effects: the value of public procurement made in Finland each year is about EUR 35 billion. Thus, savings of just a few percent are of great economic importance.

The new National Public Procurement Strategy was published in 2020. It includes eight key areas for development: strategic management, procurement skills development, knowledge management and impact assessment, efficient procurement, innovation, and ecological, social and economic sustainability.

The Public Procurement Act defines the implementation of public procurement, and procurement must follow the procedures of procurement law.