Economic efficiency of public procurement evaluation based on total cost of ownership (tco)

Turabov , Sarvar

Innovation science and technologiy · 2026-yil

Annotatsiya

This article analyzes the economic efficiency of the Total Cost of Ownership (TCO) evaluationmethodology in public procurement. The study aims to highlight the theoretical foundations of the TCOmethodology, examine international best practices, and assess the prospects for its integration into the publicprocurement system of Uzbekistan, specifically within the framework of reforms initiated by PresidentialDecree No. DP-259. The research employs normative-legal, comparative institutional, and academic literatureanalysis approaches. The results demonstrate that the TCO methodology allows public procurement to beevaluated based not merely on the initial purchase price, but on the total expenditures incurred throughoutthe entire lifecycle of a product or service. Furthermore, the article substantiates the future possibilities ofintegrating AI-driven price monitoring and electronic control mechanisms, as stipulated in Decree No. DP-259,into an advanced AI-TCO model. In conclusion, it is emphasized that the phased implementation of the TCOmethodology will serve to enhance economic efficiency in public procurement, reduce hidden costs, andoptimize the quality of public fund utilization.

Maqola ma’lumotlari
MualliflarTurabov , Sarvar
JurnalInnovation science and technologiy
NashriyotТошкент давлат иқтисодиёт университети
Nashr sanasi2026-01-01
Jild2
Son1
Betlar383-386
TilIngliz
Ilmiy sohaIqtisodiyot
DOI10.5281/zenodo.22486000
Indeksga qo‘shilgan2026-09-06

DOI: 10.5281/zenodo.22486000 · Maqolaning asl sahifasi

Kalit so‘zlar

public procurement, total cost of ownership, life-cycle costs, economic efficiency, public administration, artificial intelligence, electronic procurement, digital monitoring, procurement evaluation system, most economically advantageous tender.

Ilmiy soha

Iqtisodiyot

Iqtibos keltirish

APATurabov , Sarvar (2026). ECONOMIC EFFICIENCY OF PUBLIC PROCUREMENT EVALUATION BASED ON TOTAL COST OF OWNERSHIP (TCO). Innovation science and technologiy, 2(1), 383-386. https://doi.org/10.5281/zenodo.22486000
GOST (OAK)Turabov , Sarvar ECONOMIC EFFICIENCY OF PUBLIC PROCUREMENT EVALUATION BASED ON TOTAL COST OF OWNERSHIP (TCO) // Innovation science and technologiy. – 2026. – T. 2, № 1. – P. 383-386. – DOI: 10.5281/zenodo.22486000.
MLATurabov , Sarvar. “ECONOMIC EFFICIENCY OF PUBLIC PROCUREMENT EVALUATION BASED ON TOTAL COST OF OWNERSHIP (TCO).” Innovation science and technologiy, 2(1), 383-386, 2026. https://doi.org/10.5281/zenodo.22486000
ChicagoTurabov , Sarvar. “ECONOMIC EFFICIENCY OF PUBLIC PROCUREMENT EVALUATION BASED ON TOTAL COST OF OWNERSHIP (TCO).” Innovation science and technologiy, 2(1), 383-386 (2026). https://doi.org/10.5281/zenodo.22486000
HarvardTurabov , Sarvar (2026) ‘ECONOMIC EFFICIENCY OF PUBLIC PROCUREMENT EVALUATION BASED ON TOTAL COST OF OWNERSHIP (TCO)’, Innovation science and technologiy, 2(1), 383-386. https://doi.org/10.5281/zenodo.22486000
BibTeX
@article{turabovsarvar2026,
  title = {ECONOMIC EFFICIENCY OF PUBLIC PROCUREMENT EVALUATION BASED ON TOTAL COST OF OWNERSHIP (TCO)},
  author = {Turabov , Sarvar},
  journal = {Innovation science and technologiy},
  year = {2026},
  volume = {2},
  number = {1},
  pages = {383-386},
  doi = {10.5281/zenodo.22486000},
  url = {https://doi.org/10.5281/zenodo.22486000}
}

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