The Cabinet of Ministers has simplified the involvement of advisors on concessions

The Cabinet of Ministers has changed the procedure for attracting advisers to prepare concession projects.

The government supported the corresponding draft resolution at a meeting on February 2nd. The document defines the sub-criteria by which applicants will be evaluated, and the formula for determining the participant’s tender offer.

Now the candidate will be evaluated according to the following criteria: the number of successful projects in the relevant industry in Ukraine and the world; number of years of experience in the implementation of concession projects and provision of consulting services; the number of certificates of successful completion of project management courses.

Another interesting innovation: advisors will not be able to advise applicants and participants in concession tenders.

It is noted that the amount of remuneration paid to the adviser cannot exceed 5% of the total investment of the concessionaire.