Article 4. Principles of procurement of the Law On Procurement of Certain Entities of the Quasi-public Sector

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Procurement is based on the principles of:

1) optimal and efficient spending of money used for purchases;

2) openness and transparency of the procurement process with respect for the rights and (or) legitimate interests of suppliers on trade secrets (before summing up the tender results);

3) fair competition among potential suppliers, prevention of collusion between procurement participants;

4) responsibility of the procurement participants;

5) prevention of corruption;

6) providing support to Kazakhstani commodity producers, manufacturers of works and services to the extent that it does not contradict international treaties ratified by the Republic of Kazakhstan;

7) purchase of innovative and high-tech goods, works, and services;

8) providing potential suppliers with equal opportunities to participate in the procurement procedure, except in cases provided for by this Law;

9) compliance with the intellectual property rights contained in the purchased goods.

The Law of the Republic of Kazakhstan dated June 8, 2021 No. 47-VII SAM.

President

Republic of Kazakhstan

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