Board hears out Stadler-Bombardier
Monday, June 20, 2005, 00:00
Hungary's Public Procurement Arbitration Board heard arguments on Friday from Switzerland's Stadler and Canada's Bombardier over a disputed contract to deliver rolling stock to Hungarian railway company MÁV Rt MTI-ECO reported. After the hearing, the arbitration board said a decision on the case will be made by July 14. Stadler, in consortium with Hungary's Transelektro Rt, was announced the winner of the tender on June 1. Bombardier, the only other bidder, was disqualified because MÁV said expenses presented in its bid were irrationally low. Bombardier said upkeep of the vehicles would cost just one eurocent per seat per year, a price MÁV said was unjustifiable from a cost-based point of view.