Polaris IT Group S.A. (“Polaris IT Group”) hereby informs its investors and the participants of the money and capital market that the Hungarian Digital Government Agency Ltd. (“HDGA”) has announced the bid of the consortium led by 4iG Plc. (“4iG”) as a winning bid.
ISRV Zrt. (“iSRV”), a company wholly owned by Polaris IT Group, is also a member of the consortium led by 4iG, according to the consortium agreement previously concluded by iSRV and 4iG.
The public procurement procedure for the conclusion of the framework agreement (“Framework Agreement”) is governed by Regulation 301/2018. (XII. 27.) “on the Procurement of Servers and Storage Facilities and Related Services (SRVT21)”, and took place in two parts. Part One: Purchasing Homogeneous Servers and Storage; Part Two: Purchasing Inhomogeneous Servers and Storage.
In both parts of the public procedure, five different consortia of joint bidders were announced as the winners by the HDGA, one of which was a joint consortium of bidders led by 4iG Plc in both cases.
The total budget of the Framework Agreement is EUR 582.000.000 net, that is EUR Five Hundred Eighty-Two Million net.
The conclusion of the Framework Agreement does not constitute any automatic order; each specific procurement will be recompeted between the consortia participating in the Framework Agreement, in line with the needs of the public organizations concerned.
The duration of the Framework Agreement shall not exceed forty-two months from its entry into force.