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The article considers the public procurement system as a tool for the fiscal policy within the framework of the implementation of state programs, national and federal projects of the Russian Federation, as support for small businesses, as an object of antimonopoly regulation. The aim of the work is to reflect institutional changes in the public procurement system in the context of the development of digitalization processes. The indicators affecting the efficiency and effectiveness of procurement activities are identified, based on the analysis of the state of procurement activities of the Russian Federation for 2017–2020, an assessment of the effectiveness of the contract system of the Russian Federation is given. Institutional changes in the public procurement system have had a significant impact on reducing transaction costs, increasing the level of competition, taking into account the possibility of participating in procurement regardless of the geographical location of participants, increasing the efficiency of procurement processes. The result of the article is to clarify the main indicators of efficiency and effectiveness of procurement activities, as well as to propose new performance indicators that are aimed at ensuring competitiveness, budget savings, compliance with legislation in the field of procurement, support for small businesses and the implementation of national projects. |