Business news from Ukraine

UKRAINIAN GOVERNMENT BACKS PROCEDURE FOR APPROVING ADVISOR TO CONCESSION PROJECTS

12 October , 2020  

The Cabinet of Ministers approved the procedure for selecting advisers to prepare a project for concession.
An Interfax-Ukraine correspondent has reported that the government made the decision at a meeting on Friday.
According to the explanatory note to the draft resolution, the adviser will be selected using both the electronic procurement system and the negotiation procedure.
According to the concession law, the involvement of an adviser should be mandatory if the value of the property for the concession exceeds UAH 250 million, and also if the expected value of the newly created concession entity exceeds UAH 250 million.

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