Russian road project construction tenders faced a series of serious problems in 2016. Around 30% of the tenders planned in 2016 actually fell through, according to the road agency FAS. The tenders were worth some US$4.78 billion. However the FAS intends to ensure that the majority of the road project tenders for the 2017-2019 period go through. The FAS is also intent on tackling cartels operating in the road construction sector and introduce fair competition to the industry.
Russian road project construction tenders faced a series of serious problems in 2016. Around 30% of the tenders planned in 2016 actually fell through, according to the road agency FAS. The tenders were worth some US$4.78 billion. However the FAS intends to ensure that the majority of the road project tenders for the 2017-2019 period go through. The FAS is also intent on tackling cartels operating in the road construction sector and introduce fair competition to the industry.
