Given the traditional infrastructural deficit, the current reduction of public investment resources is certainly going to severely affect the growth potential of our country. Besides, the business and productive world is urging for the creation of new private entrepreneurship and the reduction of public participation in the economic system. Public authorities should instead pay more attention to investment needs and infrastructural requirements as preconditions for speeding up business and employment and set them on the highest level of the potential development paths.
An improved efficiency of interventions is then becoming even more urgent, particularly in what concerns the following aims: identify correctly the priorities for an optimal use of financial resources; provide a quick response to the needs emerging at territorial level; be able to, directly or indirectly, stimulate private entrepreneurship. Hence, it is imperative to increase the efficiency and transparency of the public labour market, where the flow of resources can enhance collective capital and a consistent share of public resources be allocated to production activities.
This work is intended to highlight the trends in public work procurements during the crisis, and the impact on the size and features of the implemented interventions. The counter-cyclical effect on public resources is seriously undermined by the reduction of financial assets, worsened by the deficit reduction measures deriving from the Internal Stability Pact. Also, this work aims at determining the time and cost-efficiency of procurement procedures, where the key critical factor is the uncertainty induced by the customary suspensions and amendments that prevent transparency and efficacy.
The data employed are drawn from the archive of the Observatory on Public Works, Authority for the Supervision of Public Work (OOPP AVPC), Tuscan branch, which contains administrative data and is aimed at surveying and monitoring procurements for all active contracting entities. The reference area comprises tenders for public works awarded by Tuscan contracting entities and also by central authorities when carried out within the region’s territory.
© IRPET, June 2013
ISBN 978-88-6517-049-6
Linked publication Public finance in Tuscany. 2012-2013 Report
Autore: Giuseppe Gori, Patrizia Lattarulo
