The Budget and Management Secretariat of São Paulo commissioned a study from Fipe (Economic Research Institute Foundation). The result indicated that the minimum grant amount must be R$ 906.3 million (US$ 170m), almost triple the initial figure of R$ 313.5 million (US$ 58m). The contract will be for twenty years.
The auction had been suspended in March of this year. At that moment, a representation made to the TCE-SP (Court of Accounts of the State of São Paulo) by the companies Hebara Distribuidora de Produtos Lotéricos, Madrona Advogados, IGT and Scientific Games against the bidding notice alleged lack of wide disclosure, including international, short term, flaws modeling, among other justifications.
After the reformulation of the notice, a new auction was scheduled for December 1st.
Source: Folha
