The minister drew attention to the fact that the fund’s organizational and legal structure hasn’t been determined yet. In order to set up the compensation fund, there is a need for amendments to federal law №214. The Russian Construction Ministry’s specialists are busy with the task.
According to the plan, the fund is to start operating from the 1st of January 2017. As a reference, the volume of the compensation fund might be 30-35 bln roubles per year.