The state maintenance of smaii busines & development of market competition in the field of procurement activity

Based on the analysis of literary sources and legal bases the authors outline the mechanisms to support small businesses, enhancing competition in public procurement. The analysis allows to acertain the feasibility of consideration of the main measures of state regulation, undertaken in the development of competition in procurement at the Federal level and in Saint-Petersburg. In this regard, this publication analyses the efforts of Federal and regional Executive authorities undertaken in the analyzed sphere. In addition, some solutions are proposed, which could become points of improvement of existing practices. The article shows that, subject to implementation of all proposed measures at the level of state regulation in the field of public procurement, small and medium business to gain momentum for steady development. It is logical to conclude that such a development of small and medium business will result in an increase in the size of government revenues through growth of tax payments by entrepreneurs and companies. Furthermore, the proposed measures will help to generate a healthy competition that will lead to budgetary savings in the conduct of public procurement.