Procurement

Banks Refuse Loan to Bulgaria’s Bulgargaz Twice in 6 Months

For a second time in 6 months, banks have refused to provide a loan to Bulgaria's state-owned gas supplier Bulgargaz.

In October, a public procurement for BGN 140 M was opened, which was subsequently terminated, according to the website of the Public Procurement Agency, as cited by the Bulgarian National Radio.

Bulgarian Watchdog Reports 103 Flawed Public Procurement Deals in Q3, 2014

Bulgaria's Public Financial Inspection Agency (PFIA) has detected 103 flawed public procurement deals in 173 probes in the third quarter of 2014.

The flawed public procurement deals are worth over BGN 25.6 M and have caused damages worth over BGN 101 294, according to reports of PFIA.

Open public procurement procedures increase to 86 percent

BELGRADE - The stake of open procedures in public procurement processes increased to 86 percent in the first half of 2014, from 54 percent recorded in the first half of 2013, while the stake of negotiating procedures without public procurement announcements dropped from 24 to 4 percent, Director of the Public Procurement Office of the Republic of Serbia Predrag Jovanovic stated on Tuesday.

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