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Economic Analysis: Theory and Practice
 

The use of international standards in building the federal procurement system in Russia: possible directions for its optimization

Vol. 14, Iss. 29, AUGUST 2015

PDF  Article PDF Version

Received: 20 March 2014

Received in revised form: 28 April 2015

Accepted: 4 June 2015

Available online: 28 August 2015

Subject Heading: ANALYSIS OF COMPETITIVE ABILITY

JEL Classification: 

Pages: 14-22

Ermolaeva M.G. Moscow Aviation Institute (State University of Aerospace Technology), Moscow, Russian Federation
ermolaeva_m@mail.ru

Subject The problem of economic efficiency of public procurement is a subject of thorough study and development both at the international level in the form of model laws and at the level of national legislation.
     Objectives The aim of the study is to assess the efficiency of institutional forms of public procurement.
     Methods I performed a comparative analysis of economic efficiency and anti-corruption nature of procedures built in the public procurement system within the framework of the UNCITRAL Model Law on Procurement of Goods, Construction and Services of 1994, the UNCITRAL Model Law on Public Procurement of 2011, and Russian laws.
     Results The comparative analysis showed that, in general, the developers of national laws on federal procurement system took into account the basic provisions of international laws. Meanwhile, there is a lot of room for devising and improving specific institutional mechanisms to implement the adopted regulations. One of critical issues is the development and implementation of institutional bases for contract managers of the Federal Procurement System to ensure performance of their duties in good faith. A solution to this issue involves the institution of professional liability insurance.
     Conclusions The article concludes that it is feasible and essential to use the system of professional liability insurance of contract managers within the Federal Procurement System of the Russian Federation. The proposed measures may contribute to enhancing the system's functions.

Keywords: public procurement, professional liability insurance, electronic database, contract manager, framework agreement

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