Prozorro.sale

ProZorro.SaleProzorro.sale is a Deposit Guarantee Fund (DGF) system that organizes sale of the property (assets), belonging to insolvent or liquidated banks. Such assets include collateralized property (like household appliances, cars, buildings, land lots) and loans (set of receivables of individuals and legal entities). According to the Ukrainian laws such assets are sold through electronic exchanges based on rules similar to those of the EU or the US. In order to ensure transparent, effective and fair sale procedures DGF decided to apply the same software that already proved to be effective in the Prozorro system.

OpenProcurement toolkit has been used because it ensured simple and quick implementation. The Prozorro.sale’s architecture and main components are similar to those in the original Prozorro project. Hybrid system architecture with Central database (CDB) and electronic platforms connected to it proved to be efficient, since it provides equal access to the assets for all potential purchasers and bidders.

The main difference between Prozorro and Prozorro.sale is in the project goals. While Prozorro aims at purchasing items for the lowest price, Prozorro.sale is interested in selling assets for the highest price. This means that ascending auction should be used in order to increase profit from assets sale. The toolkit’s code has been altered to accommodate DGF sale procedure specifications, for example ascending auction, rounds timeframe, additional document types, classificators, registers, etc.

OpenProcurement’s Data Standard (developed on the basis of Open Contracting 1.0RC) was extended to fit Prozorro.sale project requirements. The toolkit’s code customized for this project is open source and can be viewed on Github: github.com/openprocurement/openprocurement.auctions.dgf. The documentation is available in English and Ukrainian.

Follow