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What Is a Special Fund (Sondervermögen, Germany)?
This is a German procurement term. A separately managed part of public assets that can itself count as a contracting authority.
What is a Sondervermögen?
A separately managed part of a public body's assets with its own budget, such as the federal climate and transformation fund. It can act as a contracting authority in its own right.
Why does it matter in procurement?
Because procurements financed from a special fund follow the same rules as those of the parent body, and the fund may appear as the buyer in the notice.
Does it change the rules?
No. The special fund is a budgetary construction. The procurement law that applies depends on the nature of the body and the value of the contract.
