Some Issues of Contract Follow-up by Treasury Bodies

Treasury support of contracts is a budgetary and legal instrument for the efficient use of budget funds, and the clear application of all its procedures in practice will lead to strengthening the financial sovereignty of the Russian Federation and effective and timely resolution of all those strategic goals of the development of the Russian state. The Federal Treasury faces an important task of ensuring the public interest of the state when implementing financing from the budget. At the same time, a balance must be found with the private interests of those persons who act as contractors under government contracts, especially in cases where the issue is the conscientious fulfillment of their obligations by these persons. The article examines a number of issues arising in practice during treasury support of contracts and proposes measures for their regulatory consolidation.

Authors

Publication Details

Journal
Financial law
Published
2024-09-05
DOI
https://doi.org/10.18572/1813-1220-2024-9-16-20
Primary Topic
European and International Contract Law
Type
article
Field-Weighted Citation Impact
0.00
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article

Some Issues of Contract Follow-up by Treasury Bodies

Svetlana M. Mironova, Maria V. Derebizova
Financial law
European and International Contract Law
article

Some Issues of Contract Follow-up by Treasury Bodies

Svetlana M. Mironova, Maria V. Derebizova
article en

Abstract

Treasury support of contracts is a budgetary and legal instrument for the efficient use of budget funds, and the clear application of all its procedures in practice will lead to strengthening the financial sovereignty of the Russian Federation and effective and timely resolution of all those strategic goals of the development of the Russian state. The Federal Treasury faces an important task of ensuring the public interest of the state when implementing financing from the budget. At the same time, a balance must be found with the private interests of those persons who act as contractors under government contracts, especially in cases where the issue is the conscientious fulfillment of their obligations by these persons. The article examines a number of issues arising in practice during treasury support of contracts and proposes measures for their regulatory consolidation.

Financial law
Openalex Percentile: Top 65%
European and International Contract Law
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Some Issues of Contract Follow-up by Treasury Bodies — Svetlana M. Mironova, Maria V. Derebizova · Financial law (2024) | TGRS Research Map | TGRS