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SPF seeks deposit as unfair bidders disrupt property lease tenders
Journal Staff Report

KYIV, Aug 17 – The existing procedure for holding tenders to lease property has problems that allow unfair bidders to derail the tenders, and the State Property Fund of Ukraine (SPF) has proposed to introduce a requirement to present a deposit by bidders in these tenders, acting SPF Head Dmytro Parfenenko has said.

"We have initiated changes to the rules of holding tenders to lease property by offering a deposit and one more advance payment. The tenant can confirm the seriousness of his intention, we can ask him to pay rent in advance for six months at the stage of entering into a lease relationship," he said in an interview with Interfax-Ukraine.




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