New Serbian Law on Public Procurement

On December 24, 2019, the Serbian Parliament enacted Law on Public Procurements. The Law entered into force on January 1, 2020, and started to be applied as of July 1, 2020.

The lawmaker intends to harmonise further public procurement procedures with Directive 2014/24/EU of the European Parliament and of the Council of 26 February 2014 on public procurement and repealing Directive 2004/18/EC and Directive  2014/24/EU of the European Parliament and of the Council of 26 February 2014 on procurement by entities operating in the water, energy, transport, and postal services sectors and repealing Directive 2004/17/EC.

By Strategy of Development of Public Procurements for Period 2014-2018 (“Official Gazette RS” No. 122/14), the main goals to be achieved by the Law are, inter alia, as follows:

  1. strengthening competition on public procurement market;
  2. reducing irregularities in public procurement system;
  3. increasing cost-effectiveness and efficiency of public procurements;
  4. promoting and enhancing ecological and social aspects in public procurements, the participation of small and medium enterprises and innovations.

Detailed information on the New Law of Public Procurement can be found HERE.

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