Prozorro.Sale — state online e-auction system for selling and leasing government and municipal property in a fair, transparent and effective way. The enterprise is organized in the form of a joint-stock company owned and operated by the Ministry of Economy of Ukraine.
Every useless public asset can be turned into a useful resource or asset for a private owner or business.
As of today, sales and leases at Prozorro.Sale have earned over USD 2.5 bln (UAH 78 bln) to the state and local budgets of various levels!
Three-round English auction
Hybrid Dutch auction
Blind auction
Closed bidding
Multi-round auction
Through the system of e-auctions, citizens and businesses can purchase unique assets from state and municipal authorities, state and private companies:
Supervision by the Supervisory Board helps keep the balance of competencies and strengthen strategic vision. It includes both government representatives and independent experts.
World Bank
“The transition to a secure and transparent open-source system in land auctions at the end of 2021 doubled prices and reduced barriers to participation in auctions”.
Transparency International
“Transfer of public and municipal property for rent on the basis of transparency and competition directly influences the well-being of the community and the ability to improve infrastructure and comfort locally”
Open Government Partnership (OGP)
“ProZorro.Sale turned abandoned assets into productive ones, opening business access to investment opportunities and allowing civil society organizations to monitor the integrity of the transactions, thereby earning more trust in the privatization process”
Organization for Economic Cooperation and Development (OECD)
“A special auction method was developed by the Kyiv School of Economics with the aim to reduce the effects of insider knowledge and increase the level of competition, while maximising the sale price. In comparison with other countries who have had similar issues, Ukraine outperformed most in multiple metrics”
Open Contracting Partnership (OCP)
“ProZorro.Sale is a pioneering approach to help governments tap into the hidden potential of their assets and generate more revenue for the state. With a radically transparent design, and with open and fair bidding, the online auction system allows government agencies to sell or lease items that were previously impossible or very inefficient to trade”
Prozorro.Sale support service:
Questions about the system:
