As a result, any contracts not awarded at market prices will be subject to specific pricing regulations.
All this makes procurement law an extremely complex law field, whose significance for the public sector has been steadily rising for many years when it comes to the procurement of goods and services. Consulting services for the public sector and bidders alike include the following:
Organization and implementation of tendering procedures for awarding construction, supply and service contracts
Procurements in the utilities sector and the defense and security sector
Advice on pricing regulations
Concessions awards
Contract drafting and negotiations specifically for PPP contracts
Legal and strategic bid management
Compliance consulting
Review procedures and litigation for damages
Aside from procurement law expertise, attorneys practicing in this field of law should be able to offer additional qualifications in order to provide competent advisory services in a law field known for complex litigation and proceedings. Particularly, extensive know-how in contract law is a must. Ideally, attorneys in this law field should also have in-depth knowledge in pricing and compliance regulations as well as tort law. Any cases involving contracts not awarded at market prices make experience in dealing with pricing regulations indispensable.