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Eurosystem procurement framework
Eurosystem procurement framework
Eurosystem procurement framework
Decision 2008/893/EC laying down the framework for joint Eurosystem procurement
Guideline (EU) 2015/280 on the establishment of the Eurosystem Production and Procurement System
When EPCO sees the need for joint procurement of goods and services, for cost efficiency and effectiveness or for harmonised requirements and standards, it invites the central banks to participate in a joint tender procedure*.
The ECB Governing Council approves the procedure and the leading central bank proposed by EPCO. The leading central bank carries out the joint tender procedure for the benefit of the NCBs participating in the joint tender procedure, in accordance with the applicable procurement rules.
The participation of NCBs in EPCO’s activities and in joint tender procedures is voluntary.
EPCO is hosted by an NCB appointed by the Governing Council of the ECB every 5 years. Luxembourg’s NCB currently holds this position (1 January 2020 to 31 December 2024). The NCBs finance EPCO’s budget on an annual or multiannual basis.
For the production and procurement of euro banknotes, the Eurosystem Production and Procurement System is set up. It covers the production of euro banknotes by NCBs using in-house printing works and the tendering for the production of euro banknotes by NCBs that rely on public printing works. Internal arrangements ensure that the accounts of the public printing works and those of its public authority are fully separated in the procedure.
NCBs are responsible for the production and procurement of the euro banknotes that have been allocated to them in accordance with their shares in the ECB’s capital.
Decision 2008/893/EC of the European Central Bank of 17 November 2008 laying down the framework for joint Eurosystem procurement (ECB/2008/17) (OJ L 319, 29.11.2008, pp. 76–78).
Successive amendments to Decision 2008/893/EC have been incorporated into the original text. This consolidated version is of documentary value only.
Guideline (EU) 2015/280 of the European Central Bank of 13 November 2014 on the establishment of the Eurosystem Production and Procurement System (ECB/2014/44) (OJ L 47, 20.2.2015, pp. 29–33).
See consolidated version.
last update 21.03.2023