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Journal: Scientia fructuosa (Vol.94, No. 2)

Publication Date:

Authors : ;

Page : 75-84

Keywords : damage; procurement; contracting authorities; contracts; commercial transactions; supply.;

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Background. The proposed research is devoted to the unexplored and topical issues related to the growing problems of the economy in terms of trade and the implementation of contractual transactions with government customers ? managers of public funds due to the imperfection of the legislation in this area, legal insecurity of entities engaged in supply of goods for the public organizations and their probable unprofitability in today's economy. Analysis of recent research and publications on selected topics of research prove the absence of studies on risks of possible losses which enterprises supplying goods to public customers may face due to the nature of such cooperation. However, the scientific definition of these notions is important and forms the aim of the study. Results. The central aspect of the study is to highlight and analyze situations of losses of companies engaged in the supply of goods for state funds, and separation of the stages of such damages before concluding contracts with government customers for the supply of goods and as well implementation after treaty obligations. The analysis of the losses concept in Ukrainian legislation, the specifics of their origin and calculation in economic activities by state and local governments to ensure their needs through public procurement has been conducted. Conclusion. This study, in author's opinion, could be part of a more complete understanding by commercial enterprises of the specifics of contracts with government customers, and will enable to foresee insurance choices that will help prevent the relevant losses and damages, and for government customers ? provide an environment to encourage the participation of enterprises in government auctions and competition in public procurement.

Last modified: 2016-10-26 21:40:13