Are you sure?

Arbitration board rejects bids of Colas, Szélesnyomtáv in tender worth billions

Hungary's Public Procurement Arbitration Board (KDB) has invalidated the results of a tender for infrastructure developments worth billions of forints after it found professional experts were misrepresented in the bids of both the winner and the runner-up, the National Infrastructure Development Company said.

The tender, for infrastructural developments in the area around Záhony (Northeast Hungary), which Hungary wants to transform into a logistics hub for the entire region, was declared invalid after KDB found false data about professional experts listed in both the bids of Colas and the Szélesnyomtáv consortium.

Colas was earlier announced the winner of the tender, submitting the lowest offer of net HUF 3.89 billion. Szélesnyomtáv was the runner-up.

As a result of the decision, Colas will be excluded from all public procurements for a period of three years.

The National Infrastructure Development Company said it will announce a new winner as soon as possible. If a contract is signed by September, the project can still be completed by the original deadline. KDB also fined the National Infrastructure Development Company HUF 5 million for letting the discrepancies in the bids pass unnoticed. (MTI-Econews)