In Russian practice, both at the level of the central government and at the level of the authorities of the RF subjects and municipalities, the effectiveness of public procurement is defined as the budgetary savings obtained from the reduction of the contract price in comparison with the offer price, as well as on the basis of an integrated assessment of the criteria/indicators of the quality of management, for example, compliance with the law, the share of competitive procurement, the implementation of plans when placing orders, the discipline of contract execution, the validity of the initial price of contracts, and similar. At the same time, the issues of the impact of the institutional environment of public procurement on business, in general, are not sufficiently developed. The purpose of the article is to present the results of the study of international experience in the formation of the legal framework in the field of public procurement, focused on the development of competition, to stimulate significant activities for the state, to create conditions for the expansion of business participation in public procurement. Various data sources were used in the analysis, including the official websites of the authorities. The basic principles and approaches used in various countries in the formation of the institutional framework of public procurement, in order to maximize their positive impact on the economy and remove restrictions on the participation of enterprises of the real sector in tenders are described. The results can be used to improve the regulatory framework in the field of public procurement.
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