Spain reforms tender practices

The Spanish authorities are cracking down on the widespread practice of modifying bid prices once a contract has been awarded. Industry players say further reforms are needed in order to make the market truly transparent.

 A broad-reaching economic reform law which came into effect in March – and which is designed to trim government budgets – looks likely to change the way Spanish public sector water infrastructure contracts are awarded.

 
The powerful transport and infrastructure ministry last month warned that contractors who revise up the cost of projects by more than 10% above their bid price will ...

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