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National Interests: Priorities and Security
 

Financial support in the area of public procurement

Vol. 12, Iss. 8, AUGUST 2016

PDF  Article PDF Version

Received: 30 March 2016

Received in revised form: 13 April 2016

Accepted: 6 May 2016

Available online: 30 August 2016

Subject Heading: ECONOMIC POLICY OF THE STATE

JEL Classification: H50, H57

Pages: 69-76

Zagarskikh V.V. Kirov IPKR of the FPS of Russia, Kirov, Russian Federation
veravyatka@rambler.ru

Subject The article shows how financial support in the field of public procurement is established.
Objectives The article aims to consider the changes to the rules of budget execution in part of government contracts, the adoption of budgetary commitments and payment of monetary obligations of State institutions.
Methods I analyzed the existing norms and rules in the area of public procurement, as well as social and best practices.
Results I propose a model of bringing funding limits to the recipients of budgetary funds and information interaction in the sphere of public procurement financing.
Conclusions I conclude that the performance of schedule, procurement plan fully depends on budget income performance and bringing the financing limits to the recipients of budgetary funds. Different approaches are required to undertake control measures on the issue of economic security in public procurement.

Keywords: government procurement, budget execution, public establishment, budget spending, budget level

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