Planning the Cost of a Government Contract Based on a Digital Price Database Model

This science work is devoted to the research of the problem of inefficient spending of budget funds in public procurement. The existing approaches to the control and regulation of budget expenditures by planning the cost of purchases are analyzed. The limitations of the current system are identified and ways to overcome them are proposed through the development of a digital price database model. The purpose of the study is to increase the transparency and validity of the formation of the value of government contracts. The concept of integrating digital technologies into the process of planning and executing government contracts is proposed, which makes it possible to compare actual costs with market prices and reduce the risks of corruption.