Palanka Lyceum reconstruction worth UAH 182m awarded to new firm without tender

Contract without competitive procedure

The Construction Department of the Cherkasy Regional State Administration awarded the works for the restoration of the Palanka Lyceum to the consortium "Regional Construction Initiatives". The contract amount is UAH 182.44 million. This organisation was registered only in January 2026. The contract was signed without a competitive tender. The head of the contractor is Yuri Horai.

Overpricing of materials

The project is financed by funds from the European Investment Bank and the local budget. According to the publication "Nashi Hroshi", there are suspicions of overpricing for seven items of building materials totalling UAH 2.84 million. Specifically, the cost of rebar is set at UAH 64,200 per tonne, whereas market offers range from UAH 40,000 to UAH 49,500. The price of ductwork is UAH 3,520 per square metre, which significantly exceeds indicators in other procurements, where the cost varies from UAH 1,226 to UAH 1,998.

History of delays and change of contractor

The institution was damaged by Russian forces back in 2022, but the restoration works are not yet completed. The first reconstruction contract worth UAH 139.66 million was signed in November 2023. The previous contractor was LLC "Klasika Komfortu", which later ended up on the blacklist of the Antimonopoly Committee of Ukraine. The planned completion date for the new works is the end of 2027.