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Government Procurement In Russia
Government procurement in Russia relates to the public procurement in Russia by all governmental, regional and local authorities. The government procurement in Russia represents a big segment of the budgetary expenses. The volume of government purchases makes about 25 trillion rubles in 2015 and 30 trillion rubles in 2016. The government purchases system is constantly modernized due to changes in legislation, technical components and information. Introduction Government procurement is a contract about supply of goods, fulfillment of a work or providing services for government needs. These contracts are made via auctions, tenders or by using similar procedures, and also directly. Government procurements can be contracted with a producer of a good as well as with an intermediary (dealer, distributor). Every legal entity (from an intercontinental holding to an individual entrepreneur) can be a supplier. Resources of any state institutions are always limited. Therefore, during budgeti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Procurement
Government procurement or public procurement is the procurement of goods, services and works on behalf of a public authority, such as a government agency. Amounting to 12 percent of global GDP in 2018, government procurement accounts for a substantial part of the global economy. To prevent fraud, waste, corruption, or local protectionism, the laws of most countries regulate government procurement to some extent. Laws usually require the procuring authority to issue public tenders if the value of the procurement exceeds a certain threshold. Government procurement is also the subject of the Agreement on Government Procurement (GPA), a plurilateral international treaty under the auspices of the WTO. Overview Need for government procurement Government procurement is necessary because governments cannot produce all the inputs for the goods they provide themselves. Governments usually provide public goods, e.g. national defense or public infrastructure. Public goods are non-riv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russia
Russia (, , ), or the Russian Federation, is a List of transcontinental countries, transcontinental country spanning Eastern Europe and North Asia, Northern Asia. It is the List of countries and dependencies by area, largest country in the world, with its internationally recognised territory covering , and encompassing one-eighth of Earth's inhabitable landmass. Russia extends across Time in Russia, eleven time zones and shares Borders of Russia, land boundaries with fourteen countries, more than List of countries and territories by land borders, any other country but China. It is the List of countries and dependencies by population, world's ninth-most populous country and List of European countries by population, Europe's most populous country, with a population of 146 million people. The country's capital and List of cities and towns in Russia by population, largest city is Moscow, the List of European cities by population within city limits, largest city entirely within E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Blockchain
A blockchain is a type of distributed ledger technology (DLT) that consists of growing lists of records, called ''blocks'', that are securely linked together using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a Merkle tree, where data nodes are represented by leaves). The timestamp proves that the transaction data existed when the block was created. Since each block contains information about the previous block, they effectively form a ''chain'' (compare linked list data structure), with each additional block linking to the ones before it. Consequently, blockchain transactions are irreversible in that, once they are recorded, the data in any given block cannot be altered retroactively without altering all subsequent blocks. Blockchains are typically managed by a peer-to-peer, peer-to-peer (P2P) computer network for use as a public distributed ledger, where nodes collectively adhere to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Novgorod Oblast
Novgorod Oblast (russian: Новгоро́дская о́бласть, ''Novgorodskaya oblast'') is a federal subject of Russia (an oblast). Its administrative center is the city of Veliky Novgorod. Some of the oldest Russian cities, including Veliky Novgorod and Staraya Russa, are located in the oblast. The historic monuments of Veliky Novgorod and surroundings have been declared a UNESCO World Heritage Site. Population: 634,111 ( 2010 Census). Geography Novgorod Oblast borders with Leningrad Oblast in the north and in the northwest, Vologda Oblast in the east, Tver Oblast in the southeast and in the south, and Pskov Oblast in the southwest. The western part is a lowland around Lake Ilmen, while the eastern part is a highland (northern spurs of the Valdai Hills). The highest point is Mount Ryzhokha in the Valdai Hills (). In the center of the oblast is Lake Ilmen, one of the largest lakes in Central Russia. The major tributaries of Lake Ilmen are the Msta, which originat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sergei Gorkov
Sergei Nikolayevich Gorkov (also tr. Sergey; russian: Серге́й Никола́евич Горько́в; born 1 December 1968) is a Russian banker and attorney. Currently, he serves as chairman of Vnesheconombank (VEB), a major Russian state-owned bank. Previously, between 2010 and 2016, he was the deputy chairman of Sberbank, Russia's largest bank. He is a graduate of the Academy of the Federal Counter-Intelligence Service, which prepares members for the Foreign Intelligence Service and Federal Security Service (FSB), and holds a master's degree in economics. Early life and education Gorkov was born in Gai, Orenburg Oblast, Soviet Russia, in 1968, to Nikolai Gorkov and Lyubov Gorkova. He has an older brother, Alexei Gorkov (born 1963), who joined the VEB board of directors in January 2017, and a younger sister, Antonina Konoplya (born 1971). In 1994, Sergei graduated with a law degree from the Academy of the Federal Counter-Intelligence Service, which prepares members ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russian Language
Russian (russian: русский язык, russkij jazyk, link=no, ) is an East Slavic languages, East Slavic language mainly spoken in Russia. It is the First language, native language of the Russians, and belongs to the Indo-European languages, Indo-European language family. It is one of four living East Slavic languages, and is also a part of the larger Balto-Slavic languages. Besides Russia itself, Russian is an official language in Belarus, Kazakhstan, and Kyrgyzstan, and is used widely as a lingua franca throughout Ukraine, the Caucasus, Central Asia, and to some extent in the Baltic states. It was the De facto#National languages, ''de facto'' language of the former Soviet Union,1977 Soviet Constitution, Constitution and Fundamental Law of the Union of Soviet Socialist Republics, 1977: Section II, Chapter 6, Article 36 and continues to be used in public life with varying proficiency in all of the post-Soviet states. Russian has over 258 million total speakers worldwide. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Itar Tass
The Russian News Agency TASS (russian: Информацио́нное аге́нтство Росси́и ТАСС, translit=Informatsionnoye agentstvo Rossii, or Information agency of Russia), abbreviated TASS (russian: ТАСС, label=none), is a major Russian State media, state-owned news agency founded in 1904. TASS is the largest Russian news agency and one of the largest news agencies worldwide. TASS is registered as a Federal State Unitary Enterprise, owned by the Government of Russia. Headquartered in Moscow, TASS has 70 offices in Russia and in the Commonwealth of Independent States (CIS), as well as 68 bureaus around the world. In Soviet times, it was named the Telegraph Agency of the Soviet Union (russian: Телегра́фное аге́нтство Сове́тского Сою́за, translit=Telegrafnoye agentstvo Sovetskogo Soyuza, label=none) and was the central agency for news collection and distribution for all Soviet newspapers, radio and television stati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russian Presidential Academy Of National Economy And Public Administration
The Russian Presidential Academy of National Economy and Public Administration (RANEPA) is a federal state-funded institution of higher education located in Moscow, Russia. With the merger of ANE, RAPA, 12 other regional civil service academies in 2010, the newly formed Russian Presidential Academy became one of the larger socioeconomic and humanities universities in Russia and Europe. The academy consists of 22 faculties, had 55 branches, and includes the Graduate School of Corporate Management (President – acad. Abel Aganbegyan) and delivers professional degree programs including 113 bachelor's programs, 11 specialist programs, nearly 150 master's programs and 7 vocational/associate degree programs. It is a Consultative body under the Government of Russian Federation. History The Academy of National Economy under the Government of the Russian Federation was established in 1977. It provided business and educational programs and trained civil servants, entrepreneurs, financie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corruption In Russia
Corruption is perceived as a significant problem in Russia, impacting various aspects of life, including the economy, business, public administration, law enforcement, healthcare, and education. The phenomenon of corruption is strongly established in the historical model of public governance, and attributed to general weakness of rule of law in the country. Transparency International stated in 2022, "Corruption is endemic in Russia" and assigned it the lowest score of any European country in their Corruption Perceptions Index for 2021. It has, under the regime of Vladimir Putin, been variously characterized as a kleptocracy, an oligarchy, and a plutocracy; owing to its crony capitalism economic system. Spread of corruption in Russia According to Richard Palmer, the Central Intelligence Agency's (CIA) station chief in the United States embassy in Moscow in the early 1990s, the dissolution of the Soviet Union and the rise of Russia coincided with the illegal dispersal of the equiv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First-price Sealed-bid Auction
A first-price sealed-bid auction (FPSBA) is a common type of auction. It is also known as blind auction. In this type of auction, all bidders simultaneously submit sealed bids so that no bidder knows the bid of any other participant. The highest bidder pays the price that was submitted. Strategic analysis In a FPSBA, each bidder is characterized by their monetary valuation of the item for sale. Suppose Alice is a bidder and her valuation is a. Then, if Alice is rational: *She will never bid more than a, because bidding more than a can only make her lose net value. *If she bids exactly a, then she will not lose but also not gain any positive value. *If she bids less than a, then she ''may'' have some positive gain, but the exact gain depends on the bids of the others. Alice would like to bid the smallest amount that can make her win the item, as long as this amount is less than a. For example, if there is another bidder Bob and he bids y and y [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Procurement
Government procurement or public procurement is undertaken by the public authorities of the European Union (EU) and its member states in order to award contracts for public works and for the purchase of goods and services in accordance with principles derived from the Treaties of the European Union. Such procurement represents 14% of EU GDP ,European CommissionCommunication from the Commission to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions: Making Public Procurement work in and for Europe COM(2017) 572 final, published 3 October 2017, accessed 20 October 2021 and has been the subject of increasing European regulation since the 1970s because of its importance to the European single market. According to a 2011 study prepared for the European Commission by PwC, London Economics and Ecorys, the UK, France, Spain, Germany, Poland and Italy were together responsible for about 75% of all public procurement in the EU ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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