The EU Procurement Regulations add cost to both the private sector and the public sector. This extra cost does not secure better value for money for the public sector, nor does it secure a fairer outcome for the private sector bidders.
The high cost of bidding for contracts excludes smaller companies
In particular the new implementation of the new remedies directive has made the process slower and more expensive and may indeed act as an incentive for public bodies to in-source previously out-sourced services because of the increased risk of challenge.