Decree 95: Regulations onposting invitation for bid in Vietnam

23:41, 10/07/2024

Recently, the Government of Vietnam has issued Decree 95/2020/ND-CP providing guidelines for the implementation of procurement under the CPTPP in Vietnam

Nghị định 95: Quy định nội dung đăng tải thông báo mời thầu, Nghị định 95/2020/NĐ-CP

Decree 95: Regulations onposting invitation for bid in Vietnam (Illustrative Image)

Decree 95/2020/ND-CP stipulates that the content of publishing invitation for bid also includes the following information:

- Notice on whether the bidding package is within the scope of the CPTPP Agreement;

- Name of the procurement agency;- Address of the procurement agency;

- Name of the bidding package;

- Name of the project, procurement estimate;

- Field of bidder selection;

- Contract execution duration;

- Funding source or method of arranging funds;- Form and method of bidder selection;

- Bid closing time;

- Bid opening time;

- Method of bid submission (submitted electronically or non-electronically);

- Address for receiving bids (received electronically or non-electronically);

- Bid security, form of security;

- Language used in the bidding documents;

- Fee for bid submission if the procurer receives bids online;

- Optional extra purchase (if any).

In addition, this Decree also stipulates that the language used in bidding includes:

- For intra-bloc bidding, the language used in bidding is Vietnamese or Vietnamese and English.

- For international bidding, the language used in bidding is English or Vietnamese and English.

Details can be found at Decree 95/2020/ND-CP, which comes into force in Vietnam from August 24, 2020.

Ty Na

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