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Legal Analysis of the Practice of Applying Bank Guarantee in the Field of Public Procurement

Abstract

The article attempts to analyze the most important issues and current problems arising in the application of a bank guarantee and surety. The purpose of the study is to solve the following scientific problems: analysis of the genesis of legal relations arising in the field of legal regulation of the institution of surety and bank guarantee in the legislation and law enforcement practice of the Russian Federation; a study of the regulation of these methods of securing a transaction in modern Russian law, including the specifics of the legal status of subjects; the characteristics of the application of these methods in the field of public procurement; analysis of relevant materials of judicial practice and the formation of proposals aimed at improving the legislation governing the surety and the bank guarantee. The author pays attention to the cases of issuing forged documents in this area, and also considers a case of conflict of the rules in the provisions of the Civil Code of the Russian Federation and the Law No. 395-FZ “On Banks and Banking Activities”, which will contribute to the risk of material losses, non-execution of a state (municipal) contract.

About the Author

E. A. Manko
The Moscow Arbitration Court
Russian Federation

3rd Category Senior Specialist

17 Bolshaya Tulskaya, Moscow, 115191



References

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Review

For citations:


Manko E.A. Legal Analysis of the Practice of Applying Bank Guarantee in the Field of Public Procurement. ECONOMICS. LAW. SOCIETY. 2019;(1):69-74. (In Russ.)

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ISSN 2411-118X (Print)