The EU Public Procurement Directives only apply to contracts of a value that meet or exceed the relevant EU financial threshold. Below threshold contracts are not covered by the procurement Directives. However, below threshold contracts comprise the vast majority of contracts awarded by...

When a contracting authority enters into a contract with an economic operator, the arrangement cannot just be left to run. It must be managed to enable both the contracting authority and the economic operator to meet their contractual obligations. Contracts are frequently complex, may involve...

This paper investigates policyholder protection schemes in OECD member countries and selected non-OECD countries. It is selective in its scope: it examines the rationale for a policyholder protection scheme; the relationship between certain design features and moral hazard; the role of a...