Economic essence of control in public procurement

Abstract

Purpose: the authors aim to reveal the content and economic essence of the tools for public procurement control. Discussion: the article deals with the disclosure of the concepts of public control, monitoring, audit in public procurement; the significance and characteristics of mandatory public discussion; justification and disclosure of the functions of subjects of public control, regulatory authorities, which require legislative revision. Results: the authors prove the importance of control in public procurement through the disclosure of the procurement tools, which contributes to the economic analysis of enterprise.