PODCAST · business
Measured
by Ernex UAB
Measured is about what happens when a market is actually counted. Each episode opens the measurement behind one published Ernex market report: what the source data says, what it conceals, what had to be cleaned before a number meant anything, and which figure a professional should act on. The method does not change between editions. One frozen extraction of the source. Every figure tagged to the table it came from. Automated checks before an edition is released. A clean rebuild reproduces the same file. Recurring subjects: public procurement and public tender markets, market concentration and competition, single bidding, market entry for foreign suppliers, construction, defence and IT contracting, and how published government data should and should not be read. The first editions cover Lithuania and the Baltic region. These episodes are the measurement explained, not a substitute for the work. The named rankings, th
Episodes
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The money is not where the contracts are
A country of under three million people, 186,774 public contract awards and 21.89 billion euros over two years. Then the figure that decides whether it is worth bidding at all: three quarters of those contracts are under 25,000 euros, and together they carry seven per cent of the money. In this...
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Why raw procurement data is a trap
The Herfindahl-Hirschman Index is the standard measure of how concentrated a market is. Applied to published public procurement data without cleaning it first, it gives an answer that is wrong by a factor of nearly three. In this episode: Amendments to contracts already awarded carry 57.6 per…
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ABOUT THIS SHOW
Measured is about what happens when a market is actually counted.
Each episode opens the measurement behind one published Ernex market report: what the source data says, what it conceals, what had to be cleaned before a number meant anything, and which figure a professional should act on.
The method does not change between editions. One frozen extraction of the source. Every figure tagged to the table it came from. Automated checks before an edition is released. A clean rebuild reproduces the same file.
Recurring subjects: public procurement and public tender markets, market concentration and competition, single bidding, market entry for foreign suppliers, construction, defence and IT contracting, and how published government data should and should not be read. The first editions cover Lithuania and the Baltic region.
These episodes are the measurement explained, not a substitute for the work. The named rankings, th
HOSTED BY
Ernex UAB
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