President of Ukraine Petro Poroshenko has signed a bill amending the law on public procurement and some other laws on monitoring of procurement. The official website of the head of state informed about this, Interfax-Ukraine reports.
“This law will allow public financial supervisors to effectively monitor procurement to prevent abuse and offence in the area and to determine whether procurement remains lawful at all of its stages. The law will help to prevent the loss of public funds through toughened supervision over public procurement and establishes conditions for tackling of corruption in the area,” the report read.
The president said that the amendments he signed into law will introduce automatic risk management for procurement.
“Online risk indicator system is going to operate, signaling any possible violations to the supervision agency. First of all, the new rule addresses those who have learned or are attempting to learn to trick ProZorro. The algorithms will prompt what precisely to look at, how to detect those attempting to trick the system at the earliest possible stage.
Nonetheless, the president said that the use of ProZorro has already improved the public procurement sector saving “tens of billions of budget funds.”