Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 10 OCTOBER 2022

Public Procurement

Economou & Co LLC
Economou & Co LLC
Contributor
Economou & Co LLC

Economou & Co LLC

Economou & Co LLC At Economou & Co LLC, we seamlessly blend personalized service with unparalleled...

View firm profile
Explore more from Economou & Co LLC

The public procurement sector has expanded rapidly in Cyprus, following the example of almost all EU member states. To apprehend the vastness of the scale, it is worth mentioning that in the EU...

CyprusGovernment, Public Sector
Economou & Co LLC
Economou & Co LLC

The public procurement sector has expanded rapidly in Cyprus, following the example of almost all EU member states. To apprehend the vastness of the scale, it is worth mentioning that in the EU, the public purchase of works, goods and services from private services has been estimated to account on average for 16% of GDP.

Public Procurement: Operation in Cyprus

Cyprus has introduced the e-PPS web-based system which facilitates the full lifecycle of the tendering process.

Upon registering in the system, the interested party can use the tools provided therein to prepare and electronically submit requests for participation and tenders to public procurement competitions.

The contracting body will then review the request and proceed to accept or reject it within the timeframe prescribed in the public tender.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

See more popular content from

Article

FATF Report: Red Flag Indicators Within The Gaming And Gambling Industry

The Financial Action Task Force has released a comprehensive report examining how the gaming and gambling industry's evolution into online, cross-border platforms has created new vulnerabilities for money laundering, terrorist financing, and proliferation financing. The report identifies critical gaps in international regulatory frameworks and provides strategic recommendations for jurisdictions to strengthen their oversight of this increasingly interconnected digital ecosystem.
CyprusGovernment, Public Sector
Michael Kyprianou & Co. LLC
Michael Kyprianou & Co. LLC
Article

Proposed Legislative Amendment Seeking To Restrict Property Acquisition By Third-Country Nationals In Cyprus

Cyprus faces a critical policy decision regarding foreign investment in real estate as new legislative proposals seek to restrict property acquisition by third-country nationals and foreign-controlled entities. The proposed reforms would fundamentally shift from an open market approach to a more restrictive framework, raising questions about transparency, beneficial ownership scrutiny, and the balance between protecting domestic interests and maintaining Cyprus's competitive position as an attractive
CyprusGovernment, Public Sector
Frangos Law
Frangos Law
Article

Trade Secret Protection In Cyprus: Framework, Remedies, And Best Practices

In today’s knowledge-based economy, confidential business information represents one of the most valuable assets of any enterprise. Recognizing the importance of protecting such information, the Cypriot legislator enacted the Protection of Undisclosed Know-How and Business Information (Trade Secrets) from Unlawful Acquisition, Use and Disclosure Law of 2020 (Law 164(I)/2020), which transposed Directive (EU) 2016/943 into domestic law (the “Law”).
CyprusIntellectual Property
Economou & Co LLC
Economou & Co LLC