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When public entities get involved in business, private companies may face an unequal contest. The rules of combat are affected by advantages enjoyed by public entities or companies that they establish ‒ advantages that private companies do not enjoy. Some indicators of how to recognise a public entity that distorts competition and the unfair behaviour […]
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Deadline approaching for filing annual reports with the State Revenue Service (SRS). The Law on Annual Financial Statements and Consolidated Financial Statements requires all companies to file with the SRS an annual report ‒ approved by the shareholders’ meeting ‒ no later than one month after approval and no later than four months after the […]
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We assisted pharmaceutical company Oribalt in concluding a logistics terminal development and lease contract with Baltic Sea Properties. Norwegian real estate investment company Baltic Sea Properties will develop a property with a total area of 6,500 m2 designed for Oribalt needs. Long-term lease Baltic Sea Properties and Oribalt signed a long-term lease contract. Baltic Sea […]
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Publication / Raivo Raudzeps
Amendments to the Public Procurement Law came into force on 13 March. The main changes to be noted: Exceptions to application of the procurement procedure In Section 5, the amendments provide an exemption from the statutory procurement procedure for the following services, if the contract price under the procurement contract is less than 144,000 EUR: expert […]
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Publication / Raivo Raudzeps
Vēlamies Jūs informēt, ka šī gada 13. martā stājās spēkā grozījumi Publisko iepirkumu likumā. Galvenās izmaiņas, uz kurām gribam vērst Jūsu uzmanību: Iepirkumu procedūru piemērošanas izņēmumi Grozījumi 5. pantā atļauj likumā noteiktās iepirkuma procedūras nepiemērot šādu pakalpojumu iepirkšanai, ja iepirkuma līguma paredzamā līgumcena ir mazāka par 144 000 EUR: – ekspertu sniegtiem pakalpojumiem ekspertu grupā augstskolas vai […]