The Brazilian government has had its first meeting with the consulting firms that will work on the sale of social security Technology and Information Company (Dataprev) and for the Federal Processing Service (Serpro).

Serpro and Dataprev are among Brazil's largest state-owned companies and are expected to be sold as part of a national privatization plan that aims to raise 1.3 trillion reais ($ 253 billion) by 2022. Linked to Ministry of Economy, Dataprev is responsible for the management of the Brazilian social security database, while Serpro provides information technology services to public sector bodies.

At the virtual meeting to launch the privatization studies organized by the Ministry of the Economy on January 18, the objective was to present and agree on the details of the studies necessary for the research alternatives for partnerships with the private sector.

The studies are expected to start immediately and will take place in three stages, with the findings becoming public after each stage. The first phase, which includes the evaluation of the partnership alternatives with the private sector, will be delivered in the coming months.

At this point, the consultants will also present a national and international comparative analysis. According to the Ministry of the Economy, this step should also include good practices for modernizing the sector, with gains in quality and efficiency.

The second phase of the studies will detail the modeling proposals for the partnerships, while the third and final step will include, among other things, holding public hearings and running the approved model.

In December, the Brazilian Development Bank (BNDES) announced the winner of the tender for works around the sale of Serpro and Dataprev. The scope of the contract, which is estimated at 7.9 million reais ($ 1.5 million) includes the privatization modeling work, as well as the services necessary for carrying out market studies, national sector diagnostics and international and regulatory studies.

The contract winner is a consortium comprising the Brazilian subsidiaries of the global consultancy firm Accenture and the public relations firm Burson-Marsteller, as well as the law firm Machado, Meyer, Sendacz, Opice e Falcão Advogados.

The announcement of the consortium responsible for advancing the sale of Brazilian public sector companies follows a review of the privatization schedule announced in April, caused by the Covid-19 pandemic. As part of the new plans, the sale of assets, initially scheduled for June 2021, has been postponed to the fourth quarter of this year.


Bollyinside - 25.01.2021