Wednesday, January 20 2021 11:08
Alexandr Avanesov

New mechanisms of control over the public procurement process to be  created in Armenia

New mechanisms of control over the public procurement process to be  created in Armenia

ArmInfo. New mechanisms of control over the public procurement process will be created in Armenia. The National Assembly of the Republic of Armenia at the  session on January 20 in the first reading introduced amendments and  additions to the Law "On State Purchases".

According to Gevork  Papoyan, a co-author of the submitted document, MP from the ruling My  Step faction Gevork Papoyan, the amendments provide for mechanisms  that reduce corruption risks to zero, increase the transparency of  the public procurement process, which, as a result, will lead to an  increase in the level of public confidence in these processes. The  authors of the bill propose to ensure the participation of  representatives of the defeated companies in the tender of companies  in the procedure for accepting state purchases. Along with this,  interested public organizations and the media will also take part in  the procedure. All of them will be able to check the conformity of  the goods supplied under public procurement with the parameters  described in the application. Such mechanisms will operate under  contracts worth over 1 million drams. "In other words, new mechanisms  of public control over the public procurement process are being  created," the deputy concluded. It should be noted, however, that  lately in Armenia more and more government purchases are carried out  on behalf of one person, which causes fair criticism from the expert  community. 

Earlier, NA Deputy Sergei Bagratyan repeatedly raised the issue of  the need to change the vicious practice of applying the public  procurement system on behalf of one person. According to him, at  present, tenders, as a rule, involve interconnected persons. The  representative of the state agrees in advance with the business  entity on the subject of goods and services, after which he submits  the question to the competition according to the already "agreed"  nomenclature. As a result of the application of this vicious  practice, more and more often there are subjects dominating the  market. Let us also remind that earlier the RA Minister of Finance  Atom Janjughazyan reported on innovations, one of which would be the  transfer of the procurement issue from the state representative to  the country's banking system.


News


Exchange rates
04.02.2021
RUB6.900.06
USD520.600.45
EUR623.94-1.64
GBP707.08-2.66
CAD406.50-0.18
JPY49.47-0.04
CNY80.580.15
CHF576.97-1.87



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