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Public procurement

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Translation public procurement into russian

public procurement
Public procurement is subject to strict regulations.
Государственные закупки подлежат строгому регулированию.

Definitions

Public procurement refers to the process by which government agencies and public sector organizations acquire goods, services, and works from private sector companies. This process is typically governed by specific regulations and policies to ensure transparency, competition, and value for money in the use of public funds.