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Clifford Chance

Clifford Chance
Briefings

Briefings

Russian Procurement Law: New Supplier Selection Rules

29 November 2012

A new Federal Law No. 223-FZ "On procurement of Goods, Works and Services by Certain Types of Legal Entities" (the "Procurement Law") was adopted by the Russian parliament on 18 July 2011. It introduces a legal framework for procurement by a wide range of public sector legal entities whose procurement activity was not previously regulated (e.g. state-controlled companies and their subsidiaries) and changes the procurement rules and the scope of their application for natural monopolies.

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