Abstract
The article presents a General description of the regulation of public procurement by the UNCITRALModel law on public procurement in 2011 as a tool for interstate integration in this area. Today, the issueof legal regulation of public procurement is relevant all over the world, and the direct subject is thestate itself, which is interested in the maximum efficiency of this process. The aim of the authors is toanalyze the above-mentioned document, which establishes common standards and norms in the fieldof regulation of public procurement. This paper presents a comparative analysis of the 1994 UNCITRALModel law on procurement of goods, construction and services and the 2011 UNCITRAL Model law onpublic procurement. This article emphasizes the legal and economic significance of public procurement.The authors ‘ conclusions are based on the work of foreign scientists and experts from international organizations.In conducting this study, the authors used such General scientific methods and techniquesas the method of comparative analysis, scientific abstraction, qualitative expert assessments, quantitativeassessments, and structural analysis. In their conclusions, the authors note that effective achievementof public procurement objectives can only be achieved through interrelated and consistent proceduresbased on the basic principles and conditions contained in the 2011 UNCITRAL Model law on publicprocurement.Key words: UNCITRAL, public procurement, efficiency, transparency, model law.