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Public Procurement Contract Value Climbs 8.7% in 2022

Figures

The value of public procurements in Hungary rose 8.7% to HUF 4.59 trillion last year, a report by the Public Procurement Authority shows.

The number of public procurement procedures increased 2.8% to 7,894.

Microbusinesses and SMEs won 50% of contracts in terms of value and 84% in terms of numbers.

Construction contracts accounted for 59% of the value of public procurements and services for 21%. Goods made up 20% of the total.

The share of single-bid procedures was 15.5% for contracts with values under the threshold for inclusion in the EU's tender system and 23.3% for contracts with values over the threshold. The share of single-bid contracts, in value terms, stood at 9.6% for those under the EU tender system inclusion threshold and 12.2% for those over the threshold.

Negotiated procedures accounted for half a percent of the value of contracts not included in the EU tender system and 2.5% of the value of contracts that were included.

The number of bids in public procurement procedures averaged 6.6 last year.

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