Law No. 988-VIQ on public procurement.

This Law determines the economic, legal and organizational principles and rules of public procurement. According to Article 4, public procurement shall be carried out on the basis of the following principles: (i) efficient and economical use of financial resources; (ii) transparency, openness, fairness and competitiveness; and (iii) equality, except as otherwise provided for in this Law.
This Law lays down provisions on the participation of supplier in procurement; conflict of interest in procurement; cases of fraud in purchases; Code of Conduct for officials involved in procurement; conducting negotiations and meetings with suppliers; forms for submitting documents and information; control over public procurement; unified internet portal of public procurement; organization of procurement; calculating estimated price by the procuring entity when preparing the procurement plan; establishment of the purchasing commission; procedures of pre-qualification of suppliers; receiving and opening of proposals; evaluation of proposals and decisions of the procurement commission; preparation of the report and other requirements for the procurement contract; procurement methods; suppliers' right to file complaints to the supervisory authority and to the court; and administrative fines and penalties for the breach of the provisions of this Law.