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  • Writer's pictureumut cankurt

Public Tenders in Hungary: A Guide for Businesses | Public Procurement | Bids Notice

Public tenders are a great way for businesses to get involved in government projects and contracts. In Hungary, there are a number of different rules and regulations that businesses need to follow in order to participate in public tenders.


The Current Rules in Public Tenders in Hungary


The current rules in public tenders in Hungary are governed by the Public Procurement Act of 2015. This act sets out the procedures for how public tenders are to be conducted, as well as the requirements that businesses must meet in order to participate.


The Methods of Bidding for Tenders


There are two main methods of bidding for tenders in Hungary: open tender and restricted tender. In an open tender, any business can submit a bid. In a restricted tender, only businesses that meet certain criteria can submit a bid.


The Total Public Expenditure in 2022


The total public expenditure in Hungary in 2022 was HUF 2,690 billion. Of this, HUF 1,340 billion was spent on tenders and purchases.


The Subjects and Sectors of Tenders and Purchases


The most common subjects of tenders and purchases in Hungary in 2022 were:


Construction

Information technology

Transportation

Healthcare

Education

The Spending Budgets According to the Sectors


The spending budgets for different sectors in Hungary in 2022 were:


Construction: HUF 580 billion

Information technology: HUF 260 billion

Transportation: HUF 240 billion

Healthcare: HUF 220 billion

Education: HUF 160 billion

The Rules to be Observed in Tenders


There are a number of rules that businesses need to observe in order to participate in public tenders in Hungary. These rules include:


Businesses must be registered in Hungary.

Businesses must have a valid tax identification number.

Businesses must have a clean financial record.

Businesses must meet the requirements of the tender.

Which Companies Have Received Public Tenders the Most?


The companies that have received the most public tenders in Hungary in recent years include:


Magyar Telekom

MOL

OTP Bank

Richter Gedeon Nyrt.

KESZ

The Size of the Funds Provided by the European Union and the Support Budgets


The European Union provides significant funding for public tenders in Hungary. In 2022, the EU provided HUF 1,000 billion in funding for public tenders in Hungary. This funding is used to support a variety of projects, including infrastructure projects, healthcare projects, and education projects.



Public tenders are a great way for businesses to get involved in government projects and contracts. If you are a business that is interested in participating in public tenders in Hungary, it is important to familiarize yourself with the current rules and regulations. You can find more information on public tenders in Hungary on the website of the Hungarian Public Procurement Authority.



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