In our previous article, we provided a brief overview of the invitation for tender undertaken in Hungary by the Ministry of National Development (2013 Bid Round) which closed on 15 November 2013. The outcome was due within 90 days and thus the results of the Bid Round were announced on 19 February 2014.
Category: Oil & Gas
In this article we provide a brief overview of the issue of an invitation for tender by the Ministry of National Development (2013 Bid Round) currently under way in Hungary and to provide a brief comparison with the system it replaces along with some commentary.
The Bid Round closed on 15 November 2013 with a very limited number of bids and we expect there will be modifications to the terms in future rounds next year.