Directive 2014/23/EU of the European Parliament and of the Council of 26 February 2014 on the award of concession contracts.
This directive is part of a package of legal acts designed to modernise public procurement rules across the European Union (EU). The reforms will allow public authorities to optimise their use of public procurement. Public contracts that are covered by the European directives are valued at around EUR 420 billion, making it a key driver of the EU economy.