Friday, November 8 2019 19:57
Alina Hovhannisyan

Ministry of Finance: Henceforth, to participate in public  procurement, enterprises must provide information on a bank guarantee

Ministry of Finance: Henceforth, to participate in public  procurement, enterprises must provide information on a bank guarantee

ArmInfo. Henceforth, to participate in public procurement, enterprises must provide  information on a bank guarantee. This was stated by  head of the  Procurement Policy Department of the Ministry of Finance of Armenia  Sergey Shahnazaryan, noting that henceforth the probability of the  participation of random, false-companies in the public procurement  process will be equal to zero. According to the representative of the  Ministry of Finance, the bank, when issuing a guarantee, checks the  solvency of enterprises. If the company does not fulfill its  contractual obligations, the state will be able to receive the damage  through a bank guarantee.

He emphasized that the new public procurement procedure provides for  the efficiency and transparency of processes.

Shahnazaryan recalled that earlier the Prime Minister gave the order  to improve the public procurement system, as a result of which to  increase the efficiency of procurement.

According to him, the Ministry of Finance has set itself the task of  ensuring the high-quality implementation of agreements, therefore  since October 31, over 4 days, retraining courses were held for  almost 200 employees of state bodies.

"The results of introducing a new procedure for the implementation of  public procurement will become tangible as early as next month," he  stressed. 

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Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000