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Altai construction companies collapse over government contracts

The sharp rise in prices for building materials led to the ruin of the construction companies of the Altai Territory, engaged in the implementation of government contracts. According to experts, the cost of materials required for the construction of social facilities (kindergartens, schools and hospitals) increased by 30-50% in 2021. In the spring, developers began to turn to the authorities with requests ...

The Ministry of Economic Development and Trade proposed to give priority to hiring Russians at construction sites

... increase in the cost of building materials, the approval of standard contracts for various types of construction work, as well as the establishment of the procedure for transferring advance payments to the contractor's current account when signing a government contract.

RUSSIAN GOVERNMENT DISCUSSING AUTOMATIC RECOVERY OF DEBTS FROM BUSINESS

The Government of the Russian Federation is considering the issue of automatic recovery of tax arrears from business. Such a measure can be applied when concluding government contracts. At a recent meeting with the Deputy Chief of Staff of the Cabinet of Ministers, Valery Sidorenko, the issue of introduction of automatic debt recovery from entrepreneurs was discussed, reports Izvestia. The new rule of law may ...

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