Government sets new rules for conducting public procurement tenders

|

USD

381.5

EUR

444.45

RUB

4.9681

GEL

141.26

Economy

30.01.2015, 20:31

The Armenian government on Friday has set new rules for conducting public procurement tenders.

Government sets new rules for conducting public procurement tenders

YEREVAN, January 30. / ARKA /. The Armenian government on Friday has set new rules for conducting public procurement tenders.

According to deputy finance minister Vakhtang Mirumyan, the new rules stipulate that an invitation to participate in government tenders must be sent to at least three companies and published on the public procurements agency’s official website at www.gnumner.am.

He said simultaneous negotiations will be held with all the applicants on a possible price reduction. The contract will be concluded with the company that will submit the lowest price offer. Companies with overdue tax obligations will not be allowed to participate in tenders.

He said companies that will win the first and second places will be examined if they have overdue tax obligations. He said this procedure is not observed now and in some cases companies with overdue tax oblations participate in government tenders and even win them.-0-

In Armenia, the birth rate decreased by 4.8% and the death rate by 0.03% over the past 10 months

In Armenia, the birth rate decreased by 4.8% and the death rate by 0.03% from January to October 2025, compared to the same period in 2024.

05.12.2025 14:58

Gasoline prices in Armenia fell by 1.4% in November, while diesel fuel prices fell by 1.2%

Gasoline prices in Armenia fell by 1.4% in November 2025, compared to November 2024, while diesel fuel prices fell by 1.2%.

05.12.2025 11:45

Food prices in Armenia increased by 3.8% in November

Food and non-alcoholic beverage prices increased by 3.8% in November 2025 compared to November 2024, and by 1.3% month-on-month, according to a report from the Statistical Committee of Armenia (Armstat).

05.12.2025 10:39

Armenian Parliament approves the state budget for 2026

On Thursday, the National Assembly of Armenia approved the state budget for 2026.

04.12.2025 17:39

IMF says Armenian 2026 budget and medium-term fiscal consolidation are appropriate

The Armenian authorities’ 2026 budget and medium-term fiscal consolidation planned in the authorities’ MTEF are appropriate, the International Monetary Fund (IMF) said after concluding the 2025 Article IV consultation, and completing the sixth review under the Stand-By Arrangement (SBA).

04.12.2025 15:53

Armenia's economic growth will reach 5% in 2025 and accelerate to 5.5% in 2026, according to the IMF forecast

Armenia’s economic performance has remained strong despite a series of shocks amid an uncertain global environment, the Executive Board of the International Monetary Fund (IMF) said after concluding the 2025 Article IV consultation, and completing the sixth review under the Stand-By Arrangement (SBA).

04.12.2025 15:21

Armenia aims for $12 labor productivity - Papoyan

Armenia aims to achieve a labor productivity target of $12 per working hour by 2026, stated Economy Minister Gevorg Papoyan.

03.12.2025 18:06

In November, 12-month inflation in Armenia amounted to 3.1%, with prices rising by 0.6% over the month

In November, the inflation rate over the past 12 months in the Armenian consumer market reached 3.1%, as reported by the Statistical Committee (Armstat).

03.12.2025 16:14