ARTICLE
22 February 2022

There Have Been Introduced New Rules For Electronic Online Auctions And Tenders In Uzbekistan

GI
GRATA International

Contributor

GRATA International is a dynamically developing international law firm which provides services for projects in the countries of the former Soviet Union and Eastern Europe. More than 28 years 250 professionals in 19 countries advise major international and local firms. GRATA is recognised by Chambers & Partners, Legal 500, IFLR1000, WWL, Asialaw Profiles. GRATA is recognised by Chambers & Partners, Legal 500, IFLR1000, WWL, Asialaw Profiles.
The Cabinet of Ministers adopted the Resolution "On additional measures to improve the procedure for organizing and conducting electronic online auctions and tenders" No.18 dated January 12, 2022...
Uzbekistan Media, Telecoms, IT, Entertainment
To print this article, all you need is to be registered or login on Mondaq.com.

The Cabinet of Ministers adopted the Resolution “On additional measures to improve the procedure for organizing and conducting electronic online auctions and tenders” No.18 dated January 12, 2022 (the “Resolution No.18”).

In accordance with Resolution No.18, the Regulation on the procedure for organizing and conducting electronic Internet auctions and tenders on the electronic trading platform “E-auksion” (the “Regulation on online-auctions”) was approved.

The Regulation on online-auctions provides for the following:

  • the procedure for publishing a notice of an electronic online-auction, holding it, declaring it invalid and re-holding it;
  • features of the procedure for the sale of seized property, as well as the right to use subsoil plots on the electronic trading platform “E-auksion” to ensure the execution of judicial acts and acts of other bodies;
  • the procedure for publishing a notice of an electronic tender, holding it, declaring it invalid and re-holding it;
  • the procedure and conditions for withdrawing a lot from an electronic online-auction (tender).

The Resolution No.18 also approved a list of ministries, departments and organizations interested in integration into the electronic trading platform “E-auksion”. This list includes 13 State authorities.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See More Popular Content From

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More