Government procurement regulations require efficient implementation and remedy systems to achieve the goals of public procurement and protect the suppliers’ business opportunities. In the phase of awarding public procurement contracts, the establishment of a more independent and professional organization will increase the authority, credibility, and efficiency of dispute resolution in complaint processing. In order to protect the rights and interests of the participants, the public procurement suspension procedures should be further improved; the application of the Alternative Dispute Resolution (ADR) system such as mediation, arbitration, etc, should be encouraged. When a supplier claims damages for losses due to illegal activities, it should use a more diversified dispute resolution mechanism. The remedy system in the awarding phase of public procurement contracts can enable China’s public procurement system to better meet the needs of the Government Procurement Agreement (GPA) and enable Chinese companies to participate in international competition fairly and effectively. China should establish professional and independent complaints resolving institutions. Improve the suspension procedures for the dispute settlement in the Public Procurement contract awarding phase.
Published in | Journal of Investment and Management (Volume 7, Issue 2) |
DOI | 10.11648/j.jim.20180702.13 |
Page(s) | 59-69 |
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Copyright © The Author(s), 2018. Published by Science Publishing Group |
Remedy System, Contract, Award Phase, Government Procurement, China
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APA Style
Fu-Guo Cao, Jiang-Yu Huang. (2018). Research on the Remedy System in China’s Government Procurement Contract Awarding Phase. Journal of Investment and Management, 7(2), 59-69. https://doi.org/10.11648/j.jim.20180702.13
ACS Style
Fu-Guo Cao; Jiang-Yu Huang. Research on the Remedy System in China’s Government Procurement Contract Awarding Phase. J. Invest. Manag. 2018, 7(2), 59-69. doi: 10.11648/j.jim.20180702.13
AMA Style
Fu-Guo Cao, Jiang-Yu Huang. Research on the Remedy System in China’s Government Procurement Contract Awarding Phase. J Invest Manag. 2018;7(2):59-69. doi: 10.11648/j.jim.20180702.13
@article{10.11648/j.jim.20180702.13, author = {Fu-Guo Cao and Jiang-Yu Huang}, title = {Research on the Remedy System in China’s Government Procurement Contract Awarding Phase}, journal = {Journal of Investment and Management}, volume = {7}, number = {2}, pages = {59-69}, doi = {10.11648/j.jim.20180702.13}, url = {https://doi.org/10.11648/j.jim.20180702.13}, eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jim.20180702.13}, abstract = {Government procurement regulations require efficient implementation and remedy systems to achieve the goals of public procurement and protect the suppliers’ business opportunities. In the phase of awarding public procurement contracts, the establishment of a more independent and professional organization will increase the authority, credibility, and efficiency of dispute resolution in complaint processing. In order to protect the rights and interests of the participants, the public procurement suspension procedures should be further improved; the application of the Alternative Dispute Resolution (ADR) system such as mediation, arbitration, etc, should be encouraged. When a supplier claims damages for losses due to illegal activities, it should use a more diversified dispute resolution mechanism. The remedy system in the awarding phase of public procurement contracts can enable China’s public procurement system to better meet the needs of the Government Procurement Agreement (GPA) and enable Chinese companies to participate in international competition fairly and effectively. China should establish professional and independent complaints resolving institutions. Improve the suspension procedures for the dispute settlement in the Public Procurement contract awarding phase.}, year = {2018} }
TY - JOUR T1 - Research on the Remedy System in China’s Government Procurement Contract Awarding Phase AU - Fu-Guo Cao AU - Jiang-Yu Huang Y1 - 2018/05/15 PY - 2018 N1 - https://doi.org/10.11648/j.jim.20180702.13 DO - 10.11648/j.jim.20180702.13 T2 - Journal of Investment and Management JF - Journal of Investment and Management JO - Journal of Investment and Management SP - 59 EP - 69 PB - Science Publishing Group SN - 2328-7721 UR - https://doi.org/10.11648/j.jim.20180702.13 AB - Government procurement regulations require efficient implementation and remedy systems to achieve the goals of public procurement and protect the suppliers’ business opportunities. In the phase of awarding public procurement contracts, the establishment of a more independent and professional organization will increase the authority, credibility, and efficiency of dispute resolution in complaint processing. In order to protect the rights and interests of the participants, the public procurement suspension procedures should be further improved; the application of the Alternative Dispute Resolution (ADR) system such as mediation, arbitration, etc, should be encouraged. When a supplier claims damages for losses due to illegal activities, it should use a more diversified dispute resolution mechanism. The remedy system in the awarding phase of public procurement contracts can enable China’s public procurement system to better meet the needs of the Government Procurement Agreement (GPA) and enable Chinese companies to participate in international competition fairly and effectively. China should establish professional and independent complaints resolving institutions. Improve the suspension procedures for the dispute settlement in the Public Procurement contract awarding phase. VL - 7 IS - 2 ER -