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ENSURING ECONOMIC SECURITY IN THE EXECUTION OF GOVERNMENT CONTRACTS BY THE PRODUCTION SECTOR OF THE FEDERAL PENITENTIARY SERVICE OF RUSSIA WITHIN A HYBRID COMPETITION MODEL

Kozin M.   ()

The article addresses the issues of ensuring economic security in the implementation of government contracts by the production sector of the Federal Penitentiary Service of Russia (FSIN) within a hybrid competition model. The authors analyze the specifics of the hybrid model's functioning, where FSIN acts simultaneously as both the customer and contractor of government contracts, creating unique conditions for managing economic risks and internal control. The paper provides recommendations for improving management systems, strengthening anti-corruption measures, developing production capacities, and modernizing internal audits. The proposed measures are aimed at minimizing risks, increasing transparency and efficiency of contract execution, as well as enhancing the economic sustainability and competitiveness of FSIN's production sector.

Keywords:Economic security, government contracts, hybrid competition model, Federal Penitentiary Service, risk management, economic security, production sector, efficiency of government procurement.

 

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Citation link:
Kozin M. ENSURING ECONOMIC SECURITY IN THE EXECUTION OF GOVERNMENT CONTRACTS BY THE PRODUCTION SECTOR OF THE FEDERAL PENITENTIARY SERVICE OF RUSSIA WITHIN A HYBRID COMPETITION MODEL // Современная наука: актуальные проблемы теории и практики. Серия: ЭКОНОМИКА и ПРАВО. -2024. -№10. -С. 60-67 DOI 10.37882/2223-2974.2024.10.17
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