Procurement watchdog annuls controversial MÁV tender
Wednesday, May 4, 2005, 13:55
The Public Procurement Arbitration Committee ruled that the Hungarian State Railways Rt (MÁV) must reevaluate the bids received earlier this year for 60 railway engines in a public tender, as several of the amendments made in the evaluation were against the Public Procurement Act, business daily Világgazdaság reported. The committee also imposed a Ft 10 million fine on the railroad company for the unfair procedure. Canadian Bombardier, which lost the contract to the Stadler-Transelektro consortium in spite of undercutting the latter?s offer by Ft 10 billion, is expecting a fair evaluation based on objective criteria.