|Autors: Baeva, S. K., Nedeva C.|
Title: OPTIMAL CHOICE OF A FIRM IN CONDUCTING AUCTION
Keywords: Multicriteria optimization, auction, public procurement
Abstract: An important aspect of activity in the Ministry of Regional Development and Public Works is working on the Operational Programme “Regional Development” with a priority axis “Sustainable and Integrated Urban Development” on an operation “Improvement of Physical Environment and Risk Prevention”. This operation involves 86 municipalities. The financial resource for this operation is 238 589 939 euro, of which 202 801 448 euro are European financing . Each of this 86 municipalities has to solve a problem to assign a public order to a fixed firm. In fact, this problem is a problem for holding public auction for a choice of executive firm. The optimal choice of executive firm is very important. We formulate this problem as a problem of the multi-criteria decisions making and using appropriate methods and criteria we transform it to an one-criterion optimization problem.
Copyright Union of Bulgarian Mathematicians
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