Bill would transpose EU directives into public procurement law

Hungarian lawmakers yesterday submitted a bill to Parliament that would transpose new European Union directives into national law on public procurements, Hungarian news agency MTI reported.

All member states must transpose the new directives into national law by April 18, 2016, however, the deadlines for bringing rules on electronic public procurement in line with EU norms and for applying the rules universally are not until April 2017 and October 2018, respectively.

Under the bill, the new directives would allow member states a broader opportunity to integrate public procurement policy with strategic goals, such as innovation, social aims – including job creation – and environmental sustainability.

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.

Support the BBJ

Foreign Affairs