Daily News: Economics
March 21, 2023
GEORGIAN PARLIAMENT INCREASED MONETARY LIMIT OF SIMPLIFIED PUBLIC PROCUREMENT IS BEING
At the plenary session today, the Georgian Parliament adopted in first hearing the draft amendments to the law “On Public Procurement”, which concerns simplified mechanism of procurement. According to the current regulation, use of a simplified mechanism is allowed, if total cost of procurement does not exceed 5,000 lari within one year.
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