Public Procurement Practices and Law in Russia has been evolving very fast in recent times, after long time of complex and cumbersome Public Procurement Procedures attracting charges of large scale Corruption and wastage of enormous amount of Public Fund, Russia adopted Public Procurement Regulation recent Act which is defined largely by Federal Law No. 44-FZ dated April 5, 2013, and No. 223-FZ* (state-owned companies) for Procurement of Goods, Services and Works for Federal, State and Municipal Entities and Execution of Contracts.
Recent amendments and adoption of Electronic Procurement (eTendering, eAuction, eReverse Auction) bring more transparent, accessible, effective and accountable procurement to restrict Corruption, Favouritism. It also promotes Competition more Open and less cumbersome for aspirant Vendors and Contractors from within Russia, nearby Regional Countries and other parts of the World, though a recent amendments in 2021 has restricted around 250 Items to be reserved under Quotas for of Russian Origin Goods only to be procured by Russian State, Municipalities and State Enterprises.
Russian Public Procurement is around 20% (Very Significant Percentage) of their Domestic Consumption, turns out to be around 350 Billion United State Dollars annually.
Russian Procurement is available Online through Centralised platform Zakupki and many Privately Managed eProcurement Service Provider’s platform and Technology. There are many Private Entities who are extending Bidding Facilitation and Support Services to Local Russian Companies and International Companies for successfully submitting their Proposals and post proposal, Contract stage assistance and supports.
There are various platforms which offers Latest Russia Tenders Online for example Zakupki, Biddetail etc. BidDetail also offers Global and International Tenders Online from various other Countries also, it is around Half Million Live Global Tenders Online. Daily they are posting 40,000 Fresh and Latest Global Tenders Online from all across the Globe including Tenders and Contract Notices from Russia and also informing through e-mail alerts for specified Products and Services preferred during their registration process on that platform.
Russia has also started digitising their Contract Notices which are also covered by Zakupki and Biddetail, Contract Awards information provides details of Participating and Winning Bidder and their Price Submission Details.
Such Latest Russia Tenders Online and Contract Notice Online is very much of importance for Companies who wants to do Business in Russia of Large Scale and Grow to this Very Large Country and Region, which is mostly influenced by Service and Products accepted to the Russia and hence it is very Good Strategy for Companies to enter to such Large Market Segment through Public Procurement in Russia and also become acceptable for Private Market Segment to this Large Country and Region.
