Volume 11 - Volume 11
Public Procurement in the Construction Sphere
Abstract
The construction market in Russia is characterized by weak financial stability of construction
companies. However, this situation can be changed with the help of financial regulation instruments,
one of which is public procurement. This paper considers the problems of financial regulation of
construction companies through public procurement. The main research method was a systematic
approach. In the course of the study, conclusions were drawn about the need to increase the
thresholds for unregulated public procurement, introduce flexible rules for processing applications,
simplify the rules for planning public procurement, etc.
Paper Details
PaperID: 2135
Author's Name: Nikolai Vladimirovch Pavlichenko, Vladimir Fedosovich Gaponenko, Yuri Gennadievich Naumov, Elena Vasilievna Egorova and Leonid Olegovich Evraev
Volume: Volume 11
Issues: Volume 11
Keywords: Government Procurement, Government Contract, Construction Company, Construction Market, Financial Regulation, Financial Sustainability.
Year: 2021
Month: June
Pages: 651-658