Essence of Changes:
The resolution amends the procedure for financing defense procurement through the “Defense Procurement Agency”. Key changes relate to the mechanism of advance payment for defense contracts and the procedure for using these funds through treasury accounts.
Structure and Main Provisions:
1. A new advance payment mechanism is established – up to 70% of the contract value for a period of up to 24 months.
2. The procedure for coordinating the amount and terms of advance payment with the Ministry of Defense is defined.
3. A mechanism for monitoring the use of funds through treasury accounts is introduced.
4. Provisions for returning unused advance payment amounts are added.
Most Important Provisions for Use:
– Advance payment requires approval from the Ministry of Defense using a specified form
– The amount of advance payment is determined taking into account the actual supply status, technical capability, and production cycle
– Advance payment funds can be used exclusively through treasury accounts (except for non-residents)
– Mandatory provision of supporting documents to Treasury authorities for making payments
– Unused advance payment funds are subject to return after the established period expires
