- Public Competition

Public competition is a type of open tender that offers any qualified company or institution the opportunity to participate without prior restrictions on the number or identity of applicants. Public competition is publicly announced through official channels such as newspapers or government websites, enhancing the principle of transparency and equality.

Features of Public Competition

1. Diversity in Offers: Allows participation from a large number of suppliers and contractors, increasing the variety of options.
2. High Competitiveness: Increases the chance of receiving competitive offers in terms of quality and price.
3. Transparency: Public announcement enhances the fairness of the process and gives all qualified companies an equal opportunity.
4. Support for Local Market: Enables small and medium-sized enterprises to participate in public competitions, boosting the local economy.

Mechanism of Public Competition

1. Official Announcement: The competition is announced through specified channels, with conditions and specifications outlined.
2. Proposal Submission: All interested companies are allowed to submit their proposals according to the requirements.
3. Evaluation: Submitted proposals are evaluated based on specific criteria such as price, quality, and technical capabilities.
4. Selecting the Winner: The project is awarded to the most suitable proposal based on the evaluation.

Importance of Public Competition

1. Achieving Best Value: Increasing the number of participants raises the likelihood of obtaining the best offer.
2. Enhancing Transparency: Reducing the likelihood of bias or manipulation in the tender process.
3. Encouraging Innovation: Encourages companies to present innovative solutions to win the project.

Challenges Associated with Public Competition

1. Increase in Participants: May complicate the evaluation process due to the large number of proposals.
2. Risks Associated with Low Offers: Some companies may present very low offers that could affect execution quality.
3. Lengthy Time Requirement: Public competition requires more time due to the announcement and evaluation process.

Its Role in Tenders

• It is considered the most common model for ensuring transparency and equality among suppliers.
• It helps build trust in government-related procurement procedures.
• Provides an opportunity for small and medium-sized enterprises to compete with large companies.

Public competition is an effective tool to ensure the integrity of tenders and achieve the best results for both government and private projects.