The Ukrainian public procurement market makes an important part of the emerging economy of Ukraine. The new Law on Public Procurements came into force on April 20, 2014 (the “2014 Law”). The Law is designed to facilitate and streamline the public procurements procedure in Ukraine taking into account the relevant EU law.
It is likely that the full text of the Association Agreement between EU and Ukraine will be signed in the nearest future. As a core element thereof, the Deep and Comprehensive Free Trade Area will create opportunities for even closer EU-harmonization of public procurements regime in Ukraine with taking over the relevant EU acquis.
The present memorandum is aimed at providing an insight into the public procurements for companies interested in offering products and/or services to Ukrainian public sector customers, which are generally understood as contracting authorities satisfying public needs under control by the state or municipal governments (the “Public Sector Customers”). The below information is thus not relevant for those companies, whose intention is to sell products and/or services to private customers in Ukraine.