What is Public contract?
A public contract is an agreement between a private company or individual and a public authority, typically involving the provision of goods, services, or construction projects. In Switzerland, public contracts are governed by federal and cantonal procurement laws, ensuring transparency, fairness, and efficiency in the allocation of public resources.
Public Contract Framework in Switzerland
Public contracts in Switzerland are subject to strict regulations outlined in the Federal Act on Public Procurement (FAPP) and cantonal laws. These regulations aim to promote competition, prevent favoritism, and ensure value for money. Contracts are awarded through structured processes such as public tenders, competitive bidding, or direct negotiations, depending on the contract’s scope and value.
Typical examples include infrastructure projects, IT services, and consulting assignments for public institutions. Companies wishing to engage in public contracts must meet specific criteria, such as financial stability, technical expertise, and compliance with social and environmental standards.
Public contracts in Switzerland play a significant role in economic activity, fostering collaboration between the public and private sectors while upholding the principles of fairness and accountability.