Attention! – Deadline for Compliance with the Public Procurement Act Expiring Soon
Attention! – Deadline for Compliance with the Public Procurement Act Expiring Soon
The new Public Procurement Act of the Republic of Serbia was enacted on 1 January 2020 (hereinafter: the “Act”). Its final provisions determined that most obligations prescribed by the Act will become effective as of 1 July 2020, thereby setting a deadline for its compliance to the same date.
Companies that are registered as bidders before the Serbian Business Registers Agency should particularly be aware of this deadline, as there are only 9 more business days left to acquire necessary documentation and avoid losing their bidder status.
If you have any unresolved questions regarding the process of compliance with the Act, now would be the time to consult with your attorney of choice.
This text is for informational purposes only and should not be considered legal advice. Should you require any additional information, feel free to contact us.
OTHER NEWS
Electronic Signatures – Doing Business Remotely in Serbia
Recently we have received many inquiries from our clients regarding the e-signature regulations applicable in Serbia. The possibility of using an electronic signature has been especially explored since the outbreak of COVID 19 pandemic, due to the fact that...
Preparing for the Worst, Hoping for the Best – Can You Insure Your Business for GDPR Fines?
Ever since General Data Protection Regulation (Regulation (EU) 2016/679, “GDPR”) entered into force in 2018, companies around the world have put their best effort in achieving full compliance. Despite their best efforts, some companies have found themselves on...
Modernizing Data Protection Regulation – Serbia Ratifies Protocol to the Convention 108
On 26 May 2020, Republic of Serbia ratified the Protocol to the Convention for the Protection of Individuals with regard to Automatic Processing of Personal Data, (CETS 223, “Protocol 223”). This makes Republic of Serbia the fourth country to ratify the...
Let's connect
Let us know how we can help you and your business.