Selected Factors Influencing Public Procurement in the Czech Republic

The authors present their results concerning quantitative analysis of secondary data obtained from the Journal of Public Contracts in the Czech Republic which is the integrated place for publishing of basic information about public contracts procured pursuant to Act No 137/2006 Coll., On Public Contracts. On a sample of selection data, the authors have performed regression analysis with the purpose to examine correlation of an explained variable (the tendered price of a public contract) and selected independent variable of the described model. Using the linear regression analysis, the shape of the regression plane has been calculated, describing dependence of the tendered price on the number of submitted bids and the type of tender. With the use of Pearson correlation coefficient, a low positive dependence has been identified between the number of submitted bids in the tender and the difference of the price (defined as the difference of the anticipated value of the public contract and the offered price in the tender).