Bus Advance Payment Limits: New Rules for Public Transport.
New regulations introduce limits on advance payments for public transport bus purchases. This aims to ensure greater transparency and financial security in the vehicle procurement process, which may indirectly affect the efficiency of public spending and the quality of transport services for citizens.
Key points
Advance payments for buses are allowed without a performance bond from the manufacturer.
Advance payments cannot exceed 20% of the total purchase order value.
Signed contracts and specific conditions must be met before making an advance payment.
Status:
Introduced
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