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The Electronic Procurement System Is on the Horizon in Hungary

The Electronic Procurement System Is on the Horizon in Hungary

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According to a recent proposal submitted to the Hungarian Parliament, the Hungarian Government intends to launch the electronic procurement system in April 2018.

In order to reach compliance with the relevant EU Directives, electronical communication must be ensured in all Hungarian procurement process. Currently there is a test period granted until April 2018 by the Hungarian Government for the participants, during which both electronic and paper based communication forms are available. The test period serves to give chance for the participants to get familiar with the electronic procurement system and to facilitate the turnover.

The aim of the central, common state electronic procurement system is to improve transparency, to decrease administrative burdens, to accelerate the process and to simplify the procedural steps. 

By Eszter Kamocsay-Berta, Partner, KCG Partners Law Firm

KCG Partners at a Glance

KCG Partners is a Hungarian business law firm providing a comprehensive range of legal services to international and local clients seeking local knowledge and global perspective. The firm comprises business-minded lawyers with sector-specific expertise, creating value for clients by applying a problem-solving approach and delivering innovative solutions.

The firm has a wealth of knowledge in corporate law, M&A, projects and construction, energy, real estate, tax, employment, litigation, privacy and forensics, securitization, estate planning and capital markets.

To address clients’ regional and international concerns, the firm maintains active working relationships with other outstanding independent law firms in Central and Eastern Europe, whilst senior counsel Mr. Blaise Pásztory brings over 40 years’ of US capital market and fund management experience.

KCG Partners Law Firm is the result of the teamwork of passionate and talented lawyers guided by the same principles and sharing the same values: 

  • Our most valuable asset is our people. They are the engine of our business and the key to our success.
  • We push boundaries by looking for innovative solutions that can empower our clients to achieve greater results.
  • We place our experience, commitment and professionalism to your service.
  • We are driven by our vision to shape and lead the Hungarian legal market and become a first choice law firm in our practice areas.

Firm's website: http://www.kcgpartners.com