The Government of Georgia is preparing a new package of amendments to the legislative norms regulating state construction projects. The aim is to improve the implementation process of infrastructure projects, reduce the risks of project suspension, and create a more sustainable and responsible environment in the construction sector.
Regarding the planned amendments, Prime Minister of Georgia Irakli Kobakhidze and Minister of Infrastructure Revaz Sokhadze are meeting with representatives of construction companies and commercial banks.
The meeting is attended by Head of the Government Administration of Georgia Levan Zhorzholiani, Head of the Efficiency Department Guram Dumbadze, Chairman of the State Procurement Agency Levan Razmadze, and representatives of the Levan Samkharauli National Forensics Bureau.
“By the decision of the Government of Georgia, amendments are planned to the technical regulation approved by Resolution No. 55 and to the Law of Georgia on State Procurement.
The reform aims to strengthen the construction sector, increase the financial sustainability of state projects, and establish higher standards of accountability and transparency in the state procurement system.
Within the framework of the amendments, the limit for overhead and unforeseen expenses will be increased, the prices of construction materials and machinery will be updated, and an indexation mechanism will be introduced to allow partial adjustment of contract values in the event of price changes during project implementation.
The reform also предусматривает support for small and medium-sized businesses — it will become possible to combine the experience of a bidder and its subcontractor in state tenders, giving companies greater opportunities to participate actively in large-scale projects.
At the same time, accountability and control mechanisms will be tightened — participation in tenders with unrealistically low prices will be restricted, while the blacklist mechanism will be expanded, potentially disqualifying companies linked to financial or corruption-related crimes from state tenders.
These amendments represent one of the most significant systemic reforms in the construction sector and the state procurement system, which will contribute to the implementation of higher-quality, more sustainable, and timely infrastructure projects,” the statement says.