PUBLIC PROCUREMENT LAW AS AN AUTHORITY SECURING PROPERTY INTERESTS OF THE TREASURY

Public procurement accounts for the chains of the system for the expenditure by the public sector entities. The mere application of procedures for the award of the contract does not guarantee the proper implementation of the principles of effective, targeted and cost-effective spending of public funds. This results in the need for proper use of the available legal instruments, while intensifying cooperation of the contracting authority with potential contractors. Participation of contractors in the preparation of a public contract, the contract guarantees the professionalization of the public at the stage of implementation