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The Comparable Market Price Method


The comparable market price method involves determining the initial (maximum) contract price, the price of a contract concluded with a single supplier (contractor, performer), based on information about market prices for identical goods, works, or services planned for procurement, or in their absence, similar goods, works, or services1.

  1. Federal Law No. 44-FZ dated April 5, 2013 "On the Contract System in the Field of Procurement of Goods, Works, and Services for State and Municipal Needs," as amended on March 28, 2019, Article 22, paragraph 2 // Official Gazette of the Russian Federation. 2013. No. 14. Item 1652. ↩

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