PAPAVER MTÜ: Public Procurement
PAPAVER MTÜ has over the course of time secured various public contracts, on average 1,2 times a year, with the first one won 5 years ago in 2015. The company has received 6 slices of the state pie, in return having completed works or provided services for the common good to the value of 1 905 008 euros. This sum is in the region of the annual budget of smaller communities.
The year 2018 was record-breaking for this company, winning the largest procurement - "Psühholoogilise nõustamise riigihange raamlepingu sõlmimiseks" - to date with the total value at 1 864 500 euros. But the company did not rest on its laurels, they kept putting in the effort and the turnover for 2018 eclipsed all earlier years.
Typically, one public contract makes up a staggering 1/3 of PAPAVER MTÜ's turnover! That is a substantial proportion and the loss of income from public procurements would probably deliver a death blow to the company's turnover.
This makes it plain to see why the company is so active in tendering. – in all PAPAVER MTÜ has bid in public procurements 6 times to secure winning contracts. Considering the bureaucracy involved in public procurements, it must take up considerable time at the expense of other money-making ventures.
The company is a solid business partner to the state that pays taxes to the State Treasury equal to or even exceeding the sum received in sales turnover from its public contracts. Like a top-of-the-class student, this company has never in its history failed on its tax and reporting obligations. Neither has it swindled its business partners.