Mosinzhproekt is in the top quality rating of procurement management

Its participants were the 200 largest Russian companies with annual procurement volume not less than 500 million rubles

Mosinzhproekt was included in the TOP 50 of the first quality procurement management non-credit rating compiled by Expert RA rating agency and Expert Business Solutions analytical company, said Yuri Kravtsov, Director General of Mosinzhproekt JSC. Mosinzhproekt Engineering Holding is the Moscow Moscow Development Program operator, the management company for constructing civilian facilities, participating in the implementation of key road projects of the capital, and the operator of the territory development of the territory several major urban development projects in Moscow.

“The Holding pays great attention to procurement processes, following the principles of maximum transparency and competitiveness. We realize that this is not just a legal requirement – it is a mechanism to get the best quality goods, works, and services. This is especially relevant for Mosinzhproekt, as the company implements major urban development projects in Moscow, which affect the quality of life in the capital,” said Yuri Kravtsov.

Participants in the rating were the 200 largest Russian companies, whose annual procurement levels amounted to at least 500 million rubles in the last calendar year. These include state corporations, public joint-stock companies, banks, and oil and gas companies.

The list of the top 50 procurement units was defined based on an information analysis received from companies through questionnaires and public sources.

Lyubov Logvinova, Head of the Directorate of Competitive Procedures and Contracts of Mosinzhproekt JSC, explained that the efficiency evaluation of the company’s procurement activities is critical because it helps to identify problems, find solutions and make the appropriate changes in the processes to achieve the best results during implementation of projects.

“I would like to thank those who organized this rating, who appreciated the work of our company’s procures. The result of this work is the quality and timely implementation of urban facilities,” added Logvinova.

Rating methodology is based on a factor model, which involves a calculated evaluation of a wide range of quantitative and qualitative indicators that reflect all key aspects of the procurement department: the professional experience of the procurement team, the level of regulation and automation of procurement and the efficiency of procurement activities.