BAKU, Azerbaijan, January 22. Georgia will
set up a central procurement physique to independently perform
public procurement of sure items and providers in 2026, Pattern stories, citing the
nation’s Division of Authorities Effectivity.
The reform goals to make sure the clear and environment friendly
allocation of public funds, whereas enabling well timed and efficient
responses to procurement wants. Beneath its expanded mandate, the
central procurement physique may also oversee the execution of
contracts ensuing from centralized procurement procedures.
The estimated annual worth of products and providers procured by the
Central Procurement Physique is projected to be roughly 2 billion
Georgian lari ($745 million).
Procurement actions can be performed by way of consolidated
tenders, with assist mechanisms in place to facilitate centralized
procurement on the request of particular person procuring entities.
The institution of the Central Procurement Physique is stipulated
beneath the Regulation of Georgia on Public Procurement and types a key
element of the nation’s obligations inside the framework of its
Affiliation Settlement with the European Union.
