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Rules are approved for evaluation of applications for participation in a competition for the right to make a state or municipal contract for supply of goods, performance of works and rendering of services for state or municipal purposes


Rules are approved for evaluation of applications for participation in a competition for the right to make a state or municipal contract for supply of goods, performance of works and rendering of services for state or municipal purposes
2009-09-23 08:00

NEWS OF THE FEDERAL LEGISLATION

Rules are approved for evaluation of applications for participation in a competition for the right to make a state or municipal contract for supply of goods, performance of works and rendering of services for state or municipal purposes

The Rules approved by the decree of the Government of the Russian Federation N 722 of 10 September 2009 (document is in Russian) shall determine the procedure of evaluation of applications for participation in a competition for the right to make a state or municipal contract for supply of goods, performance of works and rendering of services for state or municipal purposes, meaning and importance of the criteria of evaluation subject to the types of goods, works, services for evaluation and comparison of the applications provided by contest commissions in order to find out the best conditions for performance of the state or municipal contract.

The decree shall come into force from 1 November 2009.

Statute on obligatory reserves of credit institutions adopted
2009-09-23 08:00

NEWS OF THE FEDERAL LEGISLATION

Statute on obligatory reserves of credit institutions adopted

The Statute of the Bank of Russia N 342-P of 7 August 2009 (registered in the Ministry of Justice of the Russian Federation on 15 September 2009, N 14775) (document is in Russian) shall establish the procedure for the credit institutions to deposit obligatory reserves in the Bank of Russia for purposes of regulation of general liquidity of the banking system of the Russian Federation. Responsibility of a credit institution for meeting the reserve requirements shall arise from the date of getting a license for performance of banking operations and shall terminate by withdrawal thereof. Meeting by the credit institution of reserve requirements shall be a necessary condition for performance of banking operations. The Statute shall determine the composition of the reserved obligations, the settlement procedures, the procedure of regulation of the size of obligatory reserves, deposit procedure by averaging, procedure of re-execution of obligatory reserves in the case of reorganization and change of the location of the credit institution, as well as specifics of meeting the reserve requirements by credit institutions under measures of financial improvement. Besides, the Statute shall establish the procedure control by the Authorized institution of the Bank of Russia over performance by credit institutions of norms of obligatory reserves subject to regulation of the size thereof and inspections.

According to the present Statute, depositing shall take place beginning from Settlement for November 2009, and for a large credit institution with a wide departmental network - beginning from Settlement for October 2009.


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