Work presents the current view on the issue of the legal institute of the public market tender as a particular contract settlement, which consists of several stages. In the Slovak business environment the public market tender represents a mean to obtain the best and most offers. The work is divided into two thematic sections. The first part deals with the theory of bond relationship and theory of contract that are an essential part of the analysis institute. In the next part the attention is focused on the legislation of individual provisions of the public market tender. In each, logically following subchapters the work characterizes the process of conclusion of a commercial contract on the basis of the public market tender. Ending of the second thematic section deals with proposals for the future regulation of the institute, inductive method examines the economic dimension, brings Slovak law and provides a comparison of the public market tender with public offer for contract settlement. The aim of this thesis is to analyze the economic and legal conditions for the application of the public market tender in the Slovak Republic.