In 2013, EuropeAid, the European Commission’s development arm, awarded 677.6 million euros ($893.1 million) in contracts. That figure is down 6 percent from 2012, which isn’t all too surprising amid intense pressures on Brussels’ foreign aid spending.
EuropeAid awards contracts for three types of procurements: services, works and supplies. Of the 445 contracts EuropeAid awarded last year, 237 were for services. In terms of contract value, however, EuropeAid awarded the majority (56 percent) of its contract spending to works procurements. The average size of a EuropeAid services contract in 2013 was 933,043 euros — a fifth of the average size of a works contract, which was 4.8 million euros.
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About the author
Lorenzo Piccio@lorenzopiccio
Lorenzo is a contributing analyst for Devex. Previously Devex's senior analyst for development finance in Manila, he is currently an MA candidate in international economics and international development at the Johns Hopkins School of Advanced International Studies in Washington. Lorenzo holds a bachelor's degree in government and social studies from Wesleyan University.
