The Analysis of Risk Factors of the Supplier at the Conclusion of Government Contract

Marat R. Zembatov ()
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Marat R. Zembatov: Financial Research Institute, Moscow 127006, Russia

Finansovyj žhurnal — Financial Journal, 2017, issue 6, 75-84

Abstract: This article describes development problems of a formalized method for determining the presence of counterparty risk factors. This method can be used as an unbiased feature that allows to predict and prevent the risk of conditions for unreasonable growth of public expenditure, due to suits against public bodies involved in public procurement.

Keywords: public procurement; public expenditure; counterparty; risk factor; litigation from contractual legal relations; suit (search for similar items in EconPapers)
JEL-codes: H57 K12 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:fru:finjrn:170606:p:75-84

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