Railways will be exempted from the Public Procurement Law until 2023!

Both the treasury guarantee and the VAT exemption are on the way for the government's crazy projects. According to the law proposed by the AK Party Group to the Assembly, if the work cannot be completed in the build-operate-transfer projects to be auctioned until 2023, the Treasury will take over the credit received by the company. 2023 will not receive VAT from companies undertaking the tenders until the end
An article included in the proposal and the procurement of goods or services from the subsidiaries of the General Directorate of Turkish State Railways (TCDD), which have more than half of the capital, are exempted from the Public Procurement Law.
In addition, in accordance with the Public Procurement Law, legal assistance is provided for the provision of services in order to prevent the process from taking too long in the consultancy services tendered between certain bidders and to accelerate the important and urgent projects such as road projects. In the rationale of this regulation, ”It is delayed to make important and urgent projects such as road projects, and it was necessary to make the necessary legal arrangements to accelerate this Bu. A large number of large-scale projects have been put on the agenda, from the latest railcar purchase to the state railways, to the highways of the highways.

Source : I haber.emlakkulisi.co



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