Rail Baltica is a project being developed in cooperation between three Baltic countries, and it is important for Estonian entrepreneurs to know which laws will come into force in Latvian public procurement law in 2023 and to learn from the typical mistakes that bidders make in tenders
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The European Commission will start scrutinizing bidders in public procurement procedures who have received support from third countries. It is questionable whether the high expected value of the procurement contract required for the regulation to apply is still reasonable, writes Kadri Matteus.
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Äripäev writes that Tallinn's plan to find a suitor for the Linnahall is of symbolic importance because it determines whether the area around the future conference center in the city center will be opened up to the sea or if Tallinn's coastline from Paljassaare to Reidi Road will be surrounded by a wall of luxury apartments and hotels.
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Construction companies and other businesses that have entered into contracts with the state are often in a situation today where fulfilling contracts made before or even during the crisis has proven difficult. There are problems with both the availability of materials and raw materials, as well as fluctuating prices, which eat away at the planned profits of the entrepreneur. In extreme cases, the entrepreneur may even face bankruptcy if an agreement on changes with the contracting authority cannot be reached.
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