ORDER OF THE MINISTRY OF FINANCE OF THE AZERBAIJAN REPUBLIC

of July 22, 2002 No. I-124

About approval of the Rules "About Carrying Out Purchases of Goods (Works, Services) by Open Tender in Case of Exceeding of Their Estimated Price, the Determined Minimum Amount", "About Possibility of Use by the Purchasing Organizations of Request about Quotations for Purchase of Goods (Works, Services) Having the Existing Market in case Their Estimated Price Is Lower than the Determined Minimum Amount" and "About Publication of Messages on Purchases Publications, Also Known in the World, and on the Internet, Except as Specified, when Only Local Suppliers (Contractors) Participate in Purchases or when the Total Cost of the Purchased Services Does Not Exceed the Determined Sum"

For the purpose of ensuring execution of Articles 17. 1, 20.1 and 41.2 Laws of the Azerbaijan Republic "About public procurements" and Item 2 of the Presidential decree of the Azerbaijan Republic "About introduction of the Law of the Azerbaijan Republic "About public procurements" of January 29, 2002 I order to No. 668:

1. Approve the Rules "About Carrying Out Purchases of Goods (Works, Services) by Open Tender in Case of Exceeding of Their Estimated Price, the Determined Minimum Amount", "About Possibility of Use by the Purchasing Organizations of Request about Quotations for Purchase of Goods (Works, Services) Having the Existing Market in case Their Estimated Price Is Lower than the Determined Minimum Amount" and "About Publication of Messages on Purchases Publications, Also Known in the World, and on the Internet, Except as Specified, when Only Local Suppliers (Contractors) Participate in Purchases or when the Total Cost of the Purchased Services Does Not Exceed the Determined Sum".

2. To provide to head department of tax policy and the income and Head department of finance of national economy informing on this order of the organization, financed from the budget.

Approved by the Order of the Ministry of Finance of the Azerbaijan Republic of July 22, 2002 No. I-124

Rules "About Carrying Out Purchases of Goods (Works, Services) by Open Tender in Case of Exceeding of Their Estimated Price, the Determined Minimum Amount", "About Possibility of Use by the Purchasing Organizations of Request about Quotations for Purchase of Goods (Works, Services) Having the Existing Market in case Their Estimated Price Is Lower than the Determined Minimum Amount" and "About Publication of Messages on Purchases Publications, Also Known in the World, and on the Internet, Except as Specified, when Only Local Suppliers (Contractors) Participate in Purchases or when the Total Cost of the Purchased Services Does Not Exceed the Determined Sum"

1. These rules are developed by the Ministry of Finance of the Azerbaijan Republic on the basis of the Law of the Azerbaijan Republic "About public procurements" and the Presidential decree of the Azerbaijan Republic "About application of the Law of the Azerbaijan Republic "About public procurements" of January 29, 2002 No. 668.

2. The rules "About Carrying Out Purchases of Goods (Works, Services) by Open Tender in Case of Exceeding of Their Estimated Price of the Determined Minimum Amount", "About Possibility of Use by the Purchasing Organizations of Request about Quotations for Purchase of Goods (Works, Services) Having the Existing Market in case Their Estimated Price Is Lower than the Determined Minimum Amount" and "About Publication of Messages on Purchases Publications, Also Known in the World, and on the Internet, Except as Specified, when Only Local Suppliers (Contractors) Participate in Purchases or when the Total Cost of the Purchased Services Does Not Exceed the Determined Sum" determine actions of participants in case of public procurements.

3. Determine minimum amount of estimated price of goods (works, services) in case of their purchase by open tender in 50, of 0 thousand manats.

4. For purchase of goods (works, services) having the existing market in case their estimated price is lower than minimum amount, stipulated in Item

3 these rules, the purchasing organization can use request about quotations.

Set the minimum limit of the amount on which the request about quotations, in 2, 0 thousand manats shall be carried out.

5. Publish messages on purchases also in publications, known in the world, and on the Internet, except as specified, when only local suppliers (contractors) participate in purchases or when the total cost of the purchased services does not exceed 10, 0 thousand manats.

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