Table 1.
indicator and symbol | values | indicator definition |
---|---|---|
single bidder Csinglebid | {0, 1} | 1 if a single firm submits an offer. |
closed procedure Cclosedproc | {0, 1} | 1 if the contract was awarded directly to a firm or by invite-only competition. |
no call for bids Cnocall | {0, 1} | 1 if no call for bids was published in the official procurement journal. |
long eligibility criteria Celigcrit | {0, 1} | 1 if the length in characters of the eligibility criteria for firms to participate in the tender is above the market average.a |
extreme decision period Cdecidetime | {0, 1} | 1 if the award was made within 5 days of the deadline or more than 100 days following. |
short time to submit bids Cbidtime | {0, 0.5, 1} | 1 if the number of days between the call and submission deadline is less than 5, 0.5 if between 5 and 15. |
non-price criteria Cnonprice | {0, 1} | 1 if non-price criteria are used to evaluate bids. |
call for bids modified Ccallmod | {0, 1} | 1 if the call for bids was modified. |
aWe define a market in terms of two-digit common procurement vocabulary (CPV) codes, an EU-wide taxonomy of goods and services [48].