VEB Awarded of National Procurement Transparency Rating
In the course of the awarding ceremony which has been held since 2006, Vnesheconombank was awarded a memorial sign.
In order to evaluate procurers placing orders under Federal Law № 223-FZ, they used data on the extent of a company's information disclosure and due process with regard to its procurement activity including availability of information on rules for conducting procedures, scheduled procurements, forthcoming tenders and concluded contracts on the participant's official site and other open sources as well as data on the extent of using competitive procedures.
As compared to the 2014 rating, Vnesheconombank showed a significant procurement transparency growth dynamics: last year the Bank for Development was awarded a category "High Transparency" among the largest state-run companies.
The National Procurement Transparency Rating is an annual project of the National Association of E-Trade Participants. The rating has been held since 2005 with the assistance of the Federal Anti-Monopoly Service (FAS), the Economic Development Ministry, the Russian Audit Chamber, the Russian Commerce and Industry Chamber.
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