Increased Transparency in Government Contracts: Price Controls for Non-Competitive Bids.
This act aims to increase transparency in public spending, especially for contracts awarded without competition. Companies will be required to report significant price increases for products and services, which is intended to prevent abuses and protect taxpayer money. Citizens can expect their money to be spent more responsibly, and information about unfair practices will be publicly available.
Key points
Companies with non-competitive government contracts must report price increases of 25% (compared to the previous year) or 50% (compared to five years prior).
Failure to report such price increases will result in the company's information being listed in the public FAPIIS system, potentially affecting future government contract opportunities.
The goal is to better control public expenditures and prevent price gouging in government contracts, ultimately protecting taxpayer funds.
Status:
Introduced
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