Tender Process Disputes
Legal Procedures Facing Companies That Have Declared Composition with Creditors in Public Procurement Processes
Published:
The tender process under Public Procurement Law No. 4734 is a process governed by strict formal rules, designed to ensure that contracting authorities meet their requirements on the most appropriate terms and in the public interest. In this sense, persons submitting tenders must also meet the economic and financial standing and the professional and technical requirements laid down in the procurement legislation.