Nomenclature of territorial units for statistics (NUTS) is a geocode standard to provide a breakdown of the economic territory of the European Union into territorial units for the production of regional statistics and for targeting political interventions at a regional level. Read more at Wikipedia, eurostat
Common Procurement Vocabulary (CPV) seeks to standardise, by means of a single classification system for public procurement, the terms used by contracting authorities and entities to describe the subject of contracts. Read more at Wikipedia, EUR-Lex
Centralized procurement suggests good administrative capacity if the tender is managed by a central procuring body.
Framework agreement suggests good administrative capacity if the tender establishes a framework agreement.
Electronic auction points at good administrative capacity if the tender was conducted through an electronic auction.
Use of the WTO framework suggests good administrative capacity if the tendering process is conducted according to the WTO framework.
English as a foreign language suggests good administrative capacity if the bids can be submitted in English as a foreign language.
Discrepancies between call for tender and contract award notices is the ratio of fields with different values in the call for tender and contract award announcements related to a given tender (based on last published versions).
Number of key missing fields is the ratio of fields with missing values in the call for tender and contract award announcement related to a given tender (based on the most recently published versions).
Single bid signals a risk when only one bid is submitted in a tender in a competitive market.
Not publishing calls for tender signals a risk when no call for tenders is published prior to a contract award, decreasing the potential bidder pool.
Non-open procedures signal a risk of using procedures types which are less open for competition and more readily used for directly contracting connected companies (e.g. negotiated without publication).
Advertisement period length reveals the risk of suspiciously tight bidding deadlines or when advertisement period is excessively long.
Length of decision period signals risks when the the decision period length is either suspiciously short or suspiciously long.
New company signals the risk of a very young company winning a tender (younger than 1 year at the time of winning).
Tax haven signals a risk when the supplier is located in a tax haven country (based on the financial secrecy index).
The Transparency score is the average of Transparency Indicators.
The Procurement Integrity score is the average of Procurement Integrity Indicators.
The Administrative Capacity score is the average of Administrative Capacity Indicators.
The overarching good procurement score is the average of the three composite scores above.
1.0 Million = 10⁶
1.0 Billion = 10⁹
1.0 Trillion = 10¹²
1.0 Quadrillion = 10¹⁵
1.0 Quintillion = 10¹⁸
1.0 Sextillion = 10²¹