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Financial Analytics: Science and Experience
 

Approaches to setting up non-monetized criteria to evaluate bids of contractors to be selected for public and municipal services procurement

Vol. 9, Iss. 46, DECEMBER 2016

PDF  Article PDF Version

Received: 18 November 2016

Received in revised form: 30 November 2016

Accepted: 13 December 2016

Available online: 21 December 2016

Subject Heading: Economic policy

JEL Classification: Н30, Н42, Н50

Pages: 2-17

Khabaev S.G. Financial Research Institute, Moscow, Russian Federation
khabaev@nifi.ru

Kradinov P.G. Financial Research Institute, Moscow, Russian Federation
pkradinov@nifi.ru

Importance The research examines one of the steps in selection of contractors for public and municipal services, which will take place when competitive methods for such selections are implemented.
Objectives The research determines non-monetized criteria and indicators, which will guide public and local authorities in selecting the contractor of public and municipal services.
Methods We applied methods of analysis and synthesis of scientific and regulatory frameworks. The theoretical underpinning includes proceedings of the Russian experts in the subject and regulatory documents of federal significance.
Results We analyzed quality indicators of public and municipal services as set forth in the quality standards, State and municipal jobs, documents governing the independent evaluation of the quality of public and municipal services. We found the existing weaknesses of those indicators, which were applied to evaluate the quality of public and municipal services. Upon the analysis, we enlisted non-monetized indicators and the procedure public and local authorities are to follow in selecting contractors of public and municipal services.
Conclusions and Relevance As we found out, public and municipal authorities should consider such non-monetized criteria as the quality of public and municipal services, supplies for their delivery, availability of human resources, professional qualification to evaluate bids of contractors of public and municipal services. The approach can be used to prepare regulatory and methodological documents.

Keywords: public services, municipal services, contractor evaluation method, nonmonetized criteria, bid evaluation

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