Financial stability in public procurement: when it is required and how it is calculated

What it is and who calculates it

Financial stability is one of the qualification requirements under Article 11 of the Law. Suppliers do not need to calculate it: the portal does this automatically using data from the state revenue authorities, that is, from the company's tax reporting.

When it is required

Under paragraph 53 of the Rules, the requirement applies only if the lot amount exceeds the threshold:

The exception is design, comprehensive non-departmental expert review (комплексная вневедомственная экспертиза) and technical expert review: there, financial stability is required regardless of the lot amount (para. 54). For small businesses, the conditions in procurement of works are simplified (para. 63).

Where else it matters

In an open tender, if conditional prices are equal, the supplier with higher financial stability wins; next comes the one with a smaller total value and number of active contracts, and then the one that submitted its bid first.

What a young company should do

• Start with lots below the thresholds — financial stability is not checked there.
• Keep an eye on your tax reporting: the portal takes its data from it.
• Use the amount filter in the MyTender catalogue to see only suitable lots.