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Rule changes designed to eliminate fraudulent bids

May 01, 2014
From wire report

TALLINN - The Estonian state will toughen the requirements for participating in state procurements, in order to keep tax evaders and fraudulent bidders away. Through new procedures, it is also hoped to gain around 8 million euros for the state budget, reports Postimees. Estonian Tax and Customs Board (TCB) estimates show that currently the state loses up to 17 million euros a year in the construction industry. State procurements form around a half of the total construction market. TCB dep ...

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