Regulation on Amendments to the Implementation Directive for Consulting Service Procurement Tenders
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This regulation introduces amendments to the existing Directive for Consulting Service Procurement Tenders in Turkey. Key changes include adjustments to eligibility criteria regarding financial documentation for contractors, specifically around the submission of year-end balance sheets and income tables. It also clarifies the applicability of tax-related documentation for foreign projects and introduces transitional provisions for ongoing tenders at the time of implementation.
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Key Changes
- Amendment to financial documentation requirements for contractors.
- Clarification of tax documentation for foreign projects.
- Transitional provisions for ongoing tenders at the time of the law's implementation.
Obligations
What this law requires
Contractors must submit year-end balance sheets or equivalent financial documents. For tenders with closing dates in the first four months of the year, submit balance sheets from two years prior. If adequacy criteria are not met, submit combined documents from two years prior and three years prior, with evaluation based on average monetary amounts across both years.
Contractors must submit income statements/tables. For tenders with closing dates in the first four months of the year, submit income statements from two years prior. If adequacy criteria are not met, submit combined income statements from two years prior and three years prior, with evaluation based on average monetary amounts across both years.
For domestic projects only, contractors must submit invoice samples or notarized/certified copies, professional service receipt copies or certified copies, and documentation proving stamp tax payment as of the first announcement/invitation date, or documentation proving stamp tax exemption/immunity.
Contractors must not submit simplified self-employment income ledger summaries; only submit complete financial documents instead of or in addition to such ledger summaries.
Remove the requirement that year-end balance sheets must be 'mandatory published' (Yayınlanması zorunlu olan) and accept any year-end balance sheets regardless of publication status.