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MIL OSI Translation. Region: Russian Federation –

The decision was made on behalf of the President.

Document

Resolution of June 28, 2021 No. 1034

Government customers will have to pay for the delivered goods or work performed within 10 days after signing the acceptance document. The resolution on this was approved by the Government. This is one of the measures taken to improve the uniformity of spending of the federal budget and reduce the risks of non-fulfillment. Earlier, in April, a similar rule was adopted for government contracts concluded in 2021.

The new decision was made on the instructions of the President, which the head of state gave following the results of the St. Petersburg International Economic Forum, which took place in early June 2021. As a general rule, the term of payment under a government contract is reduced from 30 to 10 days. However, there are exceptions, depending on with whom the state customer entered into a contract, as well as in what time frame the goods were delivered, the work or service was performed.

So, if the contractor for a state contract is a small business or a socially oriented non-profit organization, a maximum of 7 days from the date of signing the acceptance document is given for payment.

If the deadline for the execution of the state contract falls on the period from December 1 to December 20 of the financial year, inclusive, payment must be made no later than 1 business day before the end of the year or in the next year – within the limits of budgetary obligations.

If the deadline for the execution of the state contract falls on the period from 21 to 31 December inclusive – in the next year within the limits of budgetary funds for that year.

Novelties are not applied, for example, when it comes to the supply of goods, work or services for the provision of emergency medical care in an urgent or urgent form, emergency response, defense needs, state security.

The new decree also establishes requirements for the deadline for the distribution of budgetary funds for the purchase of goods, works and services. The main managers must bring them to their subordinate organizations within 10 working days. Previously, this was given 20 days.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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