LEXNET EUROPEAN INFORMATION - SIA PUBLIC PROCUREMENT IN UKRAINE LEGISLATION AND MATERIALS 2009 Skolas iela 4-11 Phone: +371-2616-2303 E-Mail:
[email protected] LV-1010 Riga, Latvia Fax: +371-6728-9021 Website: www.lexnet.dk VAT LV 40003655379 Skype: +45-3695-7750 Member: www.eurolex.com This a translation of the pending draft law submitted to the Ukrainian parliament, as it was adopted in the first reading. A new version, prepared by the Parliament, apparently exists for the second reading, but has not yet been translated into English. This translation was made by World Bank and received from the Ministry of Economy in March 2009. Previously, the project in February 2009 made a translation of the same document from the first reading. Draft LAW OF UKRAINE On Procurement of Goods, Works, and Services with State Funds This Law establishes the general legal and economic principles for procurement of goods, works, and services with state funds. The goal of this Law is creation of a competitive environment in the sphere of government procurement, prevention of corrupt practices in this sphere, ensuring rational and effective use of state funds. Chapter 1 GENERAL PROVISIONS Article 1. Definition of fundamental terms 1. In this Law, the terms presented below are applied with the following meanings: 1) Acceptance of a bid – adoption by the procuring entity of a bid that is determined to be the best according to the results of an assessment, and giving consent and undertaking obligations to pay for a procurement object or a part thereof (lot) according to that proposal.