Procurement practices
2024 Key Figures | 99.3% — share of purchases of Russian goods, works, services in the total volume of purchases 55.6% — share of purchases of goods, works, services from SMEs in the to-tal volume of purchases from Russian organisations |
Material Topic | Collaborating with suppliers to create a responsible supply chain |
UN SDGs |  |
Target group | Responsible business |
Key aspect | Responsible procurement |
GRI 3-3, 204-1, MED 8, MED 9
Expert RA has adopted the Procurement Regulations.
The purpose of the Regulations is to streamline procurement procedures for goods, works and services on a competitive basis and to optimise the procurement process, minimise costs, and make sure that Expert RA’s needs for goods, works and services are met in a smooth and timely manner. The Regulations establish uniform rules and basic principles for procurement practices.
Expert RA carries out its procurement activities in accordance with the following principles.
To increase the procurement efficiency, the following thresholds have been set depending on a purchase cost:
- If the purchase cost is less than RUB 100,000, a request for quotation is made to select the counterparty.
- If the purchase cost is RUB 100,000 or higher, a tender is carried out using an electronic trade platform or through the corporate information system.
The Procurement Committee was established to summarise competition (tender) results and decide the winner. The Committee membership is subject to the approval of the Management Board. The Procurement Committee makes its decisions by a simple majority of votes. The General Director — Chair of the Management Board has the right to veto the Committee’s decisions.
As part of procurement procedures and consideration of commercial proposals, we conduct a detailed analysis of the business reputation and financial position of potential suppliers. In particular, almost all tender assignments contain requirements for the provision of references from clients of tender participants. The Asset Protection Service conducts a comprehensive assessment of the economic, financial and legal risks of service providers with whom the Agency plans to conclude contracts. In parallel, the Internal Control and Risk Analysis Service carries out an audit to identify and prevent a possible conflict of interest with related parties, as well as in the Agency's core business. In addition, responsible persons maintain a register of unscrupulous suppliers.
In 2024, Expert RA had 195 suppliers.
In order to maintain continuous operational activities at a high technological level, the Agency strives to purchase products from Russian manufacturers when they are available on the market, of adequate quality and at acceptable pricing.