RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of July 1, 2019 No. PP-4381

About measures for further enhancement of estimative activities and simplification of mechanisms of realization of low-profitable and non-producing plants with the state participation

Today in the country 226 estimative organizations, including the international companies in which staff more than 700 appraisers perform professional activity are effective, more than 110 thousand contracts for property assessment are signed. At the same time, the size of the market of estimative services in 2018 constituted only 50 billion bags.

Not the full compliance of activities of the estimative organizations to requirements of the present stage of economic reforms is the reasons of the developed condition. Estimative works in some cases are carried out formally and at insufficiently professional level, due independence, responsibility of the estimative organizations for objectivity of assessment of actual cost of objects and quality of the rendered services are not provided.

Also there are no single approaches and standards to assessment of the state and private assets owing to what the state assets are often estimated on unreasonably predatory prices that leads to increase in terms of their realization with further emergence of need of use of the mechanism of step-by-step reduction of prices.

For the purpose of further development of system of independent assessment, increase in professional level and quality of estimative services, implementation of effective methods of regulation of activities of the estimative organizations, strengthening of their responsibility for results and objectivity of the carried-out estimative works, and also simplification of implementation processes of the state assets:

1. Determine that categorization of appraisers is performed by Agency on management of the state assets of the Republic of Uzbekistan with participation of professional public associations of the estimative organizations.

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