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Amendments to the Law of Ukraine "On Public Procurement" took effect
Ernst & Young, Kyiv, Ukraine
Apr 22, Wed, 2020
On 19 April 2020, amendments to the Law of Ukraine "On Public Procurement" introduced by Law of Ukraine № 114-IX dated 19 September 2019 took effect, except for provisions governing the procedure for restricted tendering, which will become effective on 19 October 2020 (the "New Law").
The New Law introduces a number of significant changes to public procurement procedures, including the following
Below-threshold procurements are now regulated by introduction of simplified procurements, which contracting authorities are to make using the electronic procurement system ("Prozorro"):
As a general rule if the value of a procurement item equals to or exceeds UAH 50,000 but is less than UAH 200,000 for goods/services or less than UAH 1,500,000 for works
For natural monopolies if the value of a procurement item equals to or exceeds UAH 50,000 but is less than UAH 1,000,000 for goods/services or less than UAH 5,000,000 for works.