Masterclass to Boost German Companies' Success in Public Procurement Market

Public procurement in Germany represents a substantial economic opportunity, with contracts and concessions valued at nearly EUR 500 billion annually, accounting for about 15% of the country’s GDP. This market is expected to double in size in the coming years, providing a stable and predictable revenue source for both innovative newcomers and established companies. However, over 42% of tenders across the EU receive only one or no bids, highlighting significant barriers such as complex regulations and formal requirements that deter many businesses from participating.

To help German companies navigate these challenges and increase their chances of success in the public procurement market, a masterclass titled "Vergaberecht Advanced" will be held on April 29 at 1:00 PM CET. This session will be led by leading procurement lawyers from Noerr and AI experts from Forgent AI. Participants will gain practical insights on how to strategically enter the public procurement sector, prepare for consistent bidding, and overcome legal hurdles.

Key topics will include recent procurement law reforms like the Procurement Acceleration Act and the Federal Armed Forces Planning and Procurement Acceleration Act. The masterclass will also cover how companies can leverage domain-specific artificial intelligence to streamline the bidding process and enhance competitiveness. This initiative aims to assist companies in transitioning from occasional bidders to regular contract winners, thereby securing a stronger market position in Germany’s evolving public procurement landscape.