Bankruptcy of One of the Members of a Joint Venture During the Public Procurement Contract Process

30 October 2025

I - Introduction. Public procurement contracts are private law contracts concluded between contracting authorities within the scope of Public Procurement Law No. 4734 and contracting firms. These contracts are performed under the provisions of Public Procurement Contracts Law No. 4735. The parties to such contracts are the contracting authority and the contractor. Contractors may, according to the nature of the work subject to the contract, be joint venture capital companies.