L 319/76 Official Journal of the European Union 29.11.2008 DECISION OF THE EUROPEAN CENTRAL BANK of 17 November 2008 laying down the framework for joint Eurosystem procurement (ECB/2008/17) (2008/893EC) THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK, (5) The Governing Council created a  Eurosystem Having regard to the Treaty establishing the European Community, and in particular Articles 105 and 106 thereof, Having regard to the Statute of the European System of Central Banks and of the European Central Bank (hereinafter the ‘ESCB Statute’), and in particular Article 12.1 in conjunction with Article 3.1 and Articles 5, 16 and 24 thereof, Whereas: (1)  Pursuant to Article 12.1 of the ESCB Statute, the Governing Council adopts the guidelines and takes the decisions necessary to ensure the performance of the tasks entrusted to the Eurosystem. The Governing Council accordingly has the power to decide on the organisation of auxiliary activities, such as the procurement of goods and services, that are necessary for the performance of Eurosystem tasks. (2)  European Community procurement legislation allows for the joint procurement of goods and services by several contracting authorities. This principle is reflected in Recital 15 to and Article 11 of Directive 2004/18/EC of the European Parliament and of the Council of 31 March 2004 on the coordination of procedures for the award of public works contracts, public supply contracts and public service contracts ('), which provide for the use of certain centralised purchasing techniques. (3)  The Eurosystem aims at complying with the principles of cost-efficiency and effectiveness and seeks the best value for money from the procurement of goods and services. The Governing Council considers joint procurement of goods and services to be an instrument to achieve these objectives by exploiting synergies and economies of scale. (4) By establishing a framework for joint Eurosystem procurement, the European Central Bank (ECB) aims at fostering the participation of the ECB and the national central banks of the Member States that have adopted the euro in such joint procurement. () O] L 134, 30.4.2004, p. 114. Procurement Coordination Office (EPCO) to coordinate joint  procurement. The Governing Council has appointed the Banque centrale du Luxembourg to host EPCO for the period from 1 January 2008 to 31 December 2012. (6)  This Decision is without prejudice to the possibility for the central banks to request EPCO to support them in connection with the procurement of goods and services which fall outside the scope of this Decision. (7)  The national central banks of the Member States that have not yet adopted the euro may have an interest in participating in EPCO’s activities as well as in joint tender procedures, which will take place under the same conditions as those applying to the central banks, HAS DECIDED AS FOLLOWS: Article 1 Definitions For the purposes of this Decision: (@) ‘Eurosystem’ means the ECB and the national central banks of the Member States that have adopted the euro; (b) ‘Eurosystem tasks’ means the tasks entrusted to the Euro- system according to the Treaty and the ESCB Statute; (c) ‘central bank’ means the ECB or the national central bank of a Member State that has adopted the euro; (d) Tleading central bank’ means the central bank responsible for conducting the joint tender procedure; () ‘hosting central bank’ means the central bank appointed by the Governing Council to host EPCO;