Article 5. Principles of public procurement implementation of the Law on Public Procurement
1. The implementation of public procurement is based on the principles of:
1) optimal and efficient spending of money used for public procurement, including by ensuring the price-quality ratio of purchased goods, works, and services;
2) providing potential suppliers with equal opportunities to participate in public procurement, except in cases stipulated by this Law;
3) fair competition among potential suppliers;
4) openness and transparency of the public procurement process;
5) 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;
6) responsibility of subjects of public procurement;
7) prevention of corruption offenses, conflict of interests;
8) development of sustainable public procurement.
2. In the process of applying the analogy of law or the analogy of law, it is not allowed to establish new duties or restrict the rights of subjects of public procurement.
3. The regulatory legal acts of the Republic of Kazakhstan adopted in accordance with this Law must comply with the principles of public procurement provided for in paragraph 1 of this Article.
The Law of the Republic of Kazakhstan dated December 4, 2015 No. 434-V SAM.
President
Republic of Kazakhstan
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