auctions

Romanian PM: Faulty Auctions Can Impair EU Fund Absorption

Romanian Prime Minister Emil Boc on Saturday warned that faulty auctions and conflicts of interest among local authorities can impair the absorption of European funds and called for transparency and responsibility.

Romanian Railway Co To Spend RON332.8M To Modernize Ten Train Stations

Romania’s state-owned railway company CFR SA will modernize ten train stations in the country for an estimated 332.8 million lei (EUR1=RON4.2564) net of VAT, the company said Thursday.

Romanian Firms Owned By Relatives Of Public Institution Heads Forbidden To Participate In Auctions

Romanian firms owned by people who are relatives up to the fourth-degree of employees who fill decision-making positions within public institutions will not be allowed to participate in auctions organized by these authorities.

Romanian President Calls For Quick Amendment Of Public Procurement Law

Romania’s public procurement law must be amended “quickly” so that procurement procedures become speedier and more transparent, President Traian Basescu said Thursday.

Romania To Seek Legal Ways To Back Local Builders At Public Works Auctions – Min

Romanian authorities will try to find legal ways to back Romanian builders at public works auctions, the country’s Tourism and Regional Development Minister Elena Udrea said Thursday at the Mediafax Talks about Construction conference.

Romanian Min: Cos Excessively Contesting Auctions Will Be Downrated At Future Auctions

Romania’s Tourism and Regional Development Minister Elena Udrea said Thursday she wants construction companies that excessively contest public works auctions to be downrated at future auctions set up by the ministry.

EU Ambassadors Urge Romania To Tackle Abusive Public Auction Proceedings -Sources

Ambassadors to Bucharest of European Union members states told Romanian Prime Minister Emil Boc that foreign companies operating in Romania keep complaining about trials pending in court way too long and about abusive auction proceedings, by cancelling auctions based on no solid grounds.

Romania Plans Harsh Measures To Discourage Challenges To Public Works Auctions

Romanian President Traian Basescu said Monday Romania is working on harsh measures to discourage contractors from contesting public procurement auctions they don’t win and block public infrastructure works.

Lowest Price No Longer Sole Criterion For Romanian Public Bids – Transp Min

Romanian Transports Minister Radu Berceanu said Tuesday that the criteria according to which public work contracts are awarded in an auction will be changed, so that the price of the offer will have a weight of 40%, down from the 100% provided by current laws.

Romanian Govt To Check Public Procurement Proceedings Quarterly

The Romanian government will request public institutions to draft reports on the assignment of public procurement contracts on a quarterly basis, in an attempt to closely monitor public procurement proceedings.

Romanian Govt Plans To Charge Cos Contesting Public Procurement Auctions 10% Of Proj Value

The Romanian government is considering charging companies contesting public procurement auctions 10% of the value of the auctioned project G, to discourage companies that contest auctions to block procedures.

Romania’s New Govt Keeps Committee For Litigations In Final Agenda

Romanian democrat liberals and social democrats removed from the governing agenda the disposition regarding the elimination of the National Committee for Litigations (CNSC), operation which was initially seen as a solution for rendering the public acquisition procedures efficient.

Romania Displays ‘Surplus Of Democracy’ In Public Procurement Law-President

Romanian President Traian Basescu on Tuesday criticized the legislation on public procurement, saying he feels there is “a surplus of democracy” as public auctions are suspended when one of the bidders file complaints.