• Coronavirus in Hungary
  • Budapest
  • Hungary border control
  • HelloMagyar
EnglishFrenchGermanSpanish
EnglishFrenchGermanSpanish
Official: Public procurement bill to make procedures stricter, simplerOfficial: Public procurement bill to make procedures stricter, simplerOfficial: Public procurement bill to make procedures stricter, simplerOfficial: Public procurement bill to make procedures stricter, simpler
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Breaking News
Support us
Daily News Daily News · 08/11/2016
· Business

Official: Public procurement bill to make procedures stricter, simpler

corruption economy
government

Budapest, November 7 (MTI) – Hungary’s public procurement law will become stricter and simpler with faster procedures, an official at the Prime Minister’s Office responsible for public procurements said on Monday, ahead of Tuesday’s vote on a related bill.

Dániel Császár said that the government aims to minimise procurements where there is a single bidder.

The most important change in the bill is the proposal that publicly funded companies must invite at least three bids for procurements worth 1 million forints (EUR 3,200) or more, Császár said.

Companies who are in breach of rules will be banned from entering public procurements for 90 days, he said. Small and medium-sized companies (SME) will be invited to openly participate in tenders as the value threshold will be lowered from 18 million forints to 15 million, he said.

Another protective measure for Hungarian SMEs is that so-called national thresholds have been raised. For the procurement of goods, the threshold will be raised to 15 million forints, for construction projects to 25 million forints and for services to 30 million forints. The government hopes that business transactions smaller in size will thrive as a result of the proposed changes.

Rules of transparency will also be tightened. Bidders must publish as much information on the internet as possible and tender documents will be published. Császár noted that the bill was prepared based on wide-ranging of consultations.

Source: MTI

corruption economy
Share
Daily News
Daily News

Leave a Reply

Your email address will not be published. Required fields are marked *

SUPPORT US

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.


Thank you!

You have successfully joined our subscriber list.


.

Latest news
  • This is why fuel in Hungary is the most expensive in the region
  • Medicine shortage can stay for a long time in Hungary
  • Hungarian tourism boomed in 2022, but where did most of the visitors come from?
  • President Novák meets Azeri counterpart Ilham Alijev in Budapest
  • Stadiums, World Championships: multiple priced prestige projects in Hungary
  • Focus on energy cooperation: PM Orbán meets Azeri President Ilham Aliyev in Budapest
  • Will it all come out? Report on the 2022 Hungarian parliamentary elections declassified
  • AGROmashEXPO draws 44,000 visitors

About us

Contact us

Copyright rules

© 2023 DailyNewsHungary. All rights reserved! | Server and development by Svigelj Levente E.V