The system of financial control in government and municipal procurement

Introduction: keeping a system of financial control became a novel contract system in the sphere of public procurement, established by the Federal law of 05.04.2013 No. 44-FZ “On contract system in procurement of goods, works, services for state and municipal needs”. Methods: in order to improve the efficiency of the practical application of legal norms regulating the control over the implementation of state and municipal procurement, in addition to exercising administrative controls, special attention should be paid to financial control, namely the spending budget because the end result for financial support of public procurement is possible only if the legitimate and efficient use of funds of the respective budgets. Results: this article is devoted to questions of carrying out of financial control, which is part of the mechanism of General financial control, the implementation of state and municipal procurement. Conclusions: the results of the conducted research it is established that in the Russian Federation for state and municipal needs spent a significant amount of public financial resources. The main objective of satisfying the above requirements is to increase the effective use of data resources and the transition to a mode of rigid economy of budgetary funds. To achieve this, the state uses a variety of techniques and tools of financial activities. One of them was the contract system in procurement of goods, works, services for state and municipal needs. The practice of application of the contract system has revealed certain weaknesses in the implementation of state (municipal) procurement, in particular: a well-established system of control over observance of legislation on the contract system and financial control over the effective use of public funds spent through this system. The solution to these problems is impossible without further development of financial-legal regulation of relations in the field of contract system in the procurement area, in particular the relationship to improve the funding mechanism, procurement, and control, primarily financial, for their implementation.