JSC NAEK Energoatom analyzed previously announced open tenders, as a result of which the company initiated the cancellation of five tenders for purchases totaling approximately UAH 650 million.
“In order to update the expected purchase price, taking into account the reduced payment terms, the cancellation of five tenders with a total value of approximately UAH 650 million has been initiated,” NAEK reported on Thursday.
Energoatom noted that the company continues to take measures to optimize and improve business processes in the field of procurement.
“In order to prevent a selective or subjective approach to determining the order of payments under concluded contracts, a corresponding system algorithm is being developed,” NAEK said.
The company has also set up a commission to analyze and prioritize production payments.
As previously reported by Energoatom, in order to strengthen cooperation with contractors and taking into account the economic situation in Ukraine, NAEK has significantly reduced the payment deadlines in draft contracts for the supply of goods, performance of work, and provision of services during the period of martial law.
“The updated approach to the formation of contractual terms for setting payment deadlines is related to a review of the financial burden on the company,” the company explained.
Energoatom asserts that for the stable operation of the company in conditions of increased challenges, it is also important to take into account the criticality, importance, and urgency of procurement and strict adherence to the principles of public procurement defined by Ukrainian legislation.
