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COMMERCE BUSINESS DAILY ISSUE OF JUNE 3,1997 PSA#1858

American Embassy Moscow, PSC & USAID, APO AE 09721

R -- CONTINUED DEVELOPMENT AND INSTITUTIONALIZATION OF A COMPREHENSIVE PROPERTY TAX ADMINISTRATION MANAGEMENT SYSTEM IN PARTS OF THE RUSSIAN FEDERATION. POC Contact Point: Karen Beveridge, Contracting Officer, 7-095-956-4121. Award No. EPE-0014-I-00-5074-00 Task Order 3, 3,000,000. The Market Value-Based Real Property Taxation Activity is a continuation of on-going efforts to continue institutionalization of the comprehensive Property Tax Administration Management System (PTAMS) in pilot cities. This new taxation system is intended to replace the existing rigid, centralized and complex system in order to encourage investement, promote transparency and democratic participation in local government and to improve the quality of life in urban areas of the Russian Federation. See Note 22. (0150)

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