Guide to Promote the Participation of Small and Medium-Sized Enterprises in the Public Procurement Market in Montenegro

Format:

Book

Government document

Author/Creator:

World Bank.

Series:

Other Procurement Study

World Bank e-Library.

Language:

English

Subjects (All):

Administrative & Regulatory Law.

Law and Development.

Public Sector Development.

Public Sector Management and Reform.

Local Subjects:

Administrative & Regulatory Law.

Law and Development.

Public Sector Development.

Public Sector Management and Reform.

Place of Publication:

Washington, D.C. : The World Bank, 2017.

System Details:

data file

Summary:

The sector of small and medium-sized enterprises (hereinafter SMEs) represent an increasingly important segment of Montenegrin economy and have been key drivers of its economic growth and employment for the past several years. With foreign direct investment, this sector could be an important lever of economic development and the main creator of new jobs in the future. In order to survive and develop in the market, these enterprises have to constantly build new competitive benefits. The same can be built within the enterprises themselves through their strengthening and development, but also through mutual cooperation and linking. Because SMEs have an important role in the economic development of each country, it is necessary to encourage and facilitate their participation in public procurement procedures. Taking into account the fact that procurements merge at all levels (national and local), special attention should be paid to get SMEs more closely involved in the procurement procedures with contracting authorities, subject to the application of the LPP. Montenegro has recognized in its agenda through the strategy for the development of the public procurement system for the period 2016-2020 the necessity of active relationship between the state and local self-government on the development and encouragement of SMEs. Based on research carried out in direct communication with the representatives of these entities and their associations, with the aim to assess the readiness of SMEs to adapt to future activities in the field of public procurement, it is evident that they are planning new investments and expansion of business. They are ready to invest in human resources, technical, technological and other facilities necessary for successful business, in order to be competitive in the market. To that end, they expect more support from the state of Montenegro and the local community. In accordance with the orientation and expectations of SMEs this guide is intended to encourage the participation of SMEs at all levels in the area of public procurement.