The value of public procurement contracts in Hungary fell 22% year-on-year to HUF 2,627 billion in the first three quarters of this year, a report published by the Public Procurement Authority on Monday shows.
The number of contracts rose 9% to 12,481 during the period. Construction contracts accounted for 27.0% of the value of public procurements and orders of goods for 31.4%. Services made up 41.6% of the total.
Microbusinesses and SMEs won 51.9% of contracts in terms of value and 74.1% in terms of numbers, the report shows.
In terms of contract numbers, the share of single-bid contracts was 14.0% for contracts with values under the threshold for inclusion in the EU's tender system and 26.4% for contracts with values over the threshold. The share of single-bid contracts, in value terms, stood at 7.5% for those under the EU tender system inclusion threshold and 37.0% for those over the threshold.
There were just 127 negotiated procedures called in Q1-Q3.
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