Law on state procurement.
Country
Type of law
Legislation
Date of original text
Date of latest amendment
Abstract
This Law states the general legislative and economic principles governing State procurement. Its purpose is to: (a) provide for the rational and economical expenditure of financial resources allocated for State procurement; (b) develop sound competition between suppliers producing goods, works and services meeting State needs; (c) provide a just and non-discriminative approach for participants of procurement proceedings; (d) achieve transparency and public participation in State procurement; and (e) create a single, integrated procurement system and promote public confidence in such system. Public procurement shall be applicable to any type of commodities (including raw materials, manufactured goods, equipment, buildings, etc.) in solid, liquid or gas form, and to electrical power. Procurement shall also include services associated with the goods if the cost of such services is not higher than that of the goods. The Public procurement agency shall be the state institution responsible for public procurement and supply. Methods of State procurement shall be: (a) open tendering; (b) closed tendering; and (c) single-source procurement.
Attached files
Web site
Entry into force notes
This Law enters into force on the date of its official publication.
Notes
Reference number of this Law is unavailable.
Repealed
Yes
Source language
English
Legislation Amendment
No