AMENDMENTS TO THE FEDERAL LAWS
Changes in procurement legislation
Federal Law No. 505-FZ On Amendments to Certain Legislative
Acts of the Russian Federation of December 31, 2017
The Law updates the rules and principles of procurement by
certain types of legal entities. Some of the amendments will enter
into force on July 1, 2018, but certain amendments already went
into effect on December 31, 2017.
Among other things, the Law sets forth that Law No.
223-FZ1 applies to procurement for commercial use.
The Law also introduces the terms
"competitive" and
"noncompetitive" procurement.
Competitive procurement is procurement done by
holding tenders, auctions, a request for quotes or a request for
bids, and entities may create their own method of competitive
procurement. Such a method must meet the general requirements for
competitive procurement. Generally, competitive procurement must be
done electronically unless the procurement policy specifies
otherwise. Nonco
