Modern problems in the contract system of federal and municipal procurement

Introduction: federal procurement plays an important role in ensuring the progressive development of both the economic complex of the country as a whole and its individual regions. This is evidenced by the results of the analysis of the regional level for the individual sectors and segments of the economic complex, which confirm quite significant expenditures of the regional budgets for the federal and municipal procurement. At the same time, the economic practice of applying the contract system indicates certain shortcomings identified in the implementation of federal (municipal) procurement. Methods: the methodological framework for this study is the methods of scientific knowledge, among which the main are the methods of systematicity, analysis and comparative law. Results: the study is devoted to the existing problems of the legal regulation in the contract system. For feasible and practical update of all the legal rules it is necessary to create such an initial legislative base, which in the future you could start from, change and supplement, adhering not to a cardinal, but a gradual approach. Conclusions: as a result of the study it was found that in the Russian Federation a significant amount of public financial resources is spent to meet federal and municipal needs. The problem of the legal regulation of the domestic contract system is a fundamental element in the system of all the Russian legislation. Therefore, the Russian legislator needs to timely address these problems and fill in the missing moments to improve the contractual legal relations of the Russian Federation.