Two laws govern the procurement activities of state enterprises, monopolies and other relevant entities in Russia:
- The Federal Law of the Russian Federation of 44-FZ as of 05.04.2013 “On contract system in the sector of procurements of goods, works, services for state and municipal needs” regulates tenders of any state and municipal entities receiving budget financing.
- The Federal Law No. 223-FZ “On procurements of goods, works, services by certain legal entities” as of 18.07.2011 (the latest revision was effective as of 13.07.2015) regulates tenders of state-owned companies, natural monopoly holders (oil and gas, railways and other), companies with state share exceeding 50% as well as enterprises operating regulated types of activity in sectors of power, gas, heat and water supply, water disposal, wastewater treatment, processing, utilization, treatment and burial of municipal solid waste as well as subsidiaries of all the listed companies having shares in capital exceeding 50%. Priority (18% of all annual procurements) is granted here for SMEs and domestically produced goods.
According to both laws suppliers can be natural persons as well as legal entities who can apply on different electronic trading platforms maintained in Russia.
The Information and Analytical System GLOBAS-i® of Credinform provides tools which permits access to the necessary information about a Russian business partners/buyers/suppliers on-line. As for public government tenders and procurements of state-owned enterprises a separate module has been launched in the System covering all procurement (tender) records and analytical tools enabling an in-depth analysis.
Why is it important to check public procurement data and information on key participants in the procurement process?
The research can help marketers, sales managers and company supply chain managers to answer the following questions:
- Is there a niche to enter a new market with a specific product/service?
- Who are your main competitors/their range of goods and services?
- Which competitors are the most active in the market of your interest (region, goods/service, total amount of the won tenders)?
- Is there one particular provider who always wins a tender or are there affiliated companies who always win tenders?
- What are average market prices and their dynamics?
- What is the specific market capacity?
- What kind of tenders does a business partner participate in, and in which regions?
- How to find solvent big customers and reliable suppliers?
Performing fresh investigations on Russian companies Credinform experts verify the data if a requested company participated in public procurements and include them in company reports.
Source: Credinform Russia
