Changesto the law on contract system in the sphere of government purchases are made

The President of Russia Vladimir Putin signed the Federal law of June 4, 2014 No. 140-FZ entering changes into the contract system of government purchases. The federal law makes changes to separate provisions of the Federal law "About contract system in the sphere of purchases of goods, works, services for ensuring the state and municipal needs" for its further improvement: - the conceptual framework used in the called Federal law is concretized, in particular, determination of cumulative annual volume of purchases is given, and also orders of application of methods of justification of the price of the contract and implementation of purchases at subjects of the small business, socially focused non-profit organizations are specified. - implementation of purchases at the only supplier (the contractor, the performer) becomes simpler. In particular, possibility of implementation of small purchases at the only supplier in volume to 2 million rubles or 5 percent of cumulative annual volume, but no more than 50 million rubles is provided.