Ministry of construction plans to sum up first results of SRO reform by autumn 2017

31.10.2016

Minstroy (The Ministry of Construction, Housing and Utilities) plans to summarize the first results of SRO reform by the autumn of 2017, told RIA Novosti Oleg Speransky, director of Legal Department of Minstroy.

”I think the last acts will be issued in spring. This period is intended to ensure easy transition for construction companies. SROs have to bring their work in line with new principles until
July 1, 2017. The law establishes that Rostekhnadzor (Federal Service for Environmental, Technological, and Nuclear Supervision) will be authorized to impose sanctions against those who don’t comply with these regulations. I hope we will be able to sum up the first results at the period from July to October,” told Speransky.

According to him the first results of the reform will be clear in November when the process of placement of financial resources in compensation funds will be completed.  He added that there are no plans to expand a list of banks  satisfying the requirements for placement financial resources of SROs. ”We do not plan to do it. This list has received all approvals. It includes the largest banks with the network throughout the country,” explained Speransky.

RIA Real Estate

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