Govt Accounts for Quarter of Bulgaria's IT Contracts

Business » FINANCE | February 25, 2010, Thursday // 17:17
Bulgaria: Govt Accounts for Quarter of Bulgaria's IT Contracts Bulgaria's state administration concluded 271 IT contracts in 2009, thereby accounting for 20-25% of all IT business. Photo by ehow.com

The Bulgarian state administration signed over 270 contracts for hardware, software and information technology (IT) services during 2009.

The deals accounted for between 20% and 25% of the IT business in Bulgaria, according to analysts CBN Bulgaria, as cited by Pari.bg.

According to the analysts' data, government spending on services exceeded hardware purchases for the first time. CBN did not reveal how much the state spent on these contracts in 2009.

However, the survey showed that one Bulgarian IT company received a total of EUR 5,5 M in 2009, under the provisions of the Public Procurement Act (PPA).

The top 10 technology companies by volume of tenders won, received between them 55% of all government contract funding.

The top 10 companies in terms of the number of successful bids, carried out 32% of all state contracts, with 17 contracts being the largest number won by any single company in 2009.

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Tags: Information Technology, state administration, contracts, CBN Bulgaria

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