What is the Limit of the Small-Scale Package? What is the Bid Security Value for the Small-Scale Package?
What is the cap for a small-scale bidding package?
Based on Article 63 of Decree 63/2014/ND-CP, the cap for a small-scale bidding package is regulated as follows:
- For a small-scale bidding package providing non-consulting services or procuring goods, the package value shall not exceed 10 billion VND;
- For a construction or mixed bidding package, the package value shall not exceed 20 billion VND.
What is the cap for a small-scale bidding package? What is the bid security value for a small-scale bidding package?
What is the time frame for the contractor selection process for a small-scale bidding package?
Based on Clause 2, Article 64 of Decree 63/2014/ND-CP, the time frame for the contractor selection process for a small-scale bidding package is specified as follows:
Selecting a contractor for a small-scale bidding package
1. The process of selecting a contractor for a small-scale bidding package shall follow the provisions of Section 1, Chapter II and Chapter V of this Decree.
2. Time frame in the contractor selection process:
a) Bidding documents shall be issued according to the time specified in the bidding invitation notice but shall ensure a minimum of 03 working days from the date the information is successfully posted on the national bidding network system or in the Bidding Newspaper;
b) The minimum preparation time for bidding documents is 10 days from the first issuance date of the bidding documents;
c) In case the bidding documents need to be amended, the inviting party must notify the bidders at least 03 working days before the bid closing time so that bidders have enough time to prepare their bidding documents;
d) The maximum time for evaluating bidding documents is 25 days from the bid opening date until the inviting party submits the proposal for approval of the contractor selection result along with the report on the contractor selection result;
e) The maximum time for appraising the contractor selection result is 10 days from the date the appraisal submission is received;
f) The maximum time for approving the contractor selection result is 05 working days from the date of receiving the proposal for approving the contractor selection result of the inviting party and the appraisal report of the appraisal unit;
g) Other timeframes shall comply with the provisions of Clause 1, Article 12 of the Bidding Law.
- The bidding documents shall be issued according to the time specified in the bidding invitation notice but shall ensure a minimum of 03 working days from the date the information is successfully posted on the national bidding network system or in the Bidding Newspaper;
- The minimum preparation time for bidding documents is 10 days from the first issuance date of the bidding documents;
- In case the bidding documents need to be amended, the inviting party must notify the bidders at least 03 working days before the bid closing time so that bidders have enough time to prepare their bidding documents;
- The maximum time for evaluating bidding documents is 25 days from the bid opening date until the inviting party submits the proposal for approval of the contractor selection result along with the report on the contractor selection result;
- The maximum time for appraising the contractor selection result is 10 days from the date the appraisal submission is received;
- The maximum time for approving the contractor selection result is 05 working days from the date of receiving the proposal for approving the contractor selection result of the inviting party and the appraisal report of the appraisal unit;
- Other timeframes shall comply with the provisions of Clause 1, Article 12 of the Bidding Law 2013:
+ The maximum time for approving the contractor selection plan is 05 working days from the date the appraisal report is received;
+ Expressions of Interests (EOI), pre-qualification documents, bidding documents, and Request for Proposals (RFP) shall be issued after 03 working days from the date the notice of invitation for EOI, pre-qualification, bidding, and proposals is issued, until before the bid closing time;
+ The minimum preparation time for EOI is 10 days for domestic bidding and 20 days for international bidding, from the first issuance date of the EOI documents to the bid closing date. The contractor must submit the EOI documents before the bid closing time;
+ The minimum preparation time for pre-qualification documents is 10 days for domestic bidding and 20 days for international bidding, from the first issuance date of the pre-qualification documents to the bid closing date. The contractor must submit the pre-qualification documents before the bid closing time.
What is the bid security value for a small-scale bidding package?
Based on Clause 3, Article 64 of Decree 63/2014/ND-CP, the regulations are as follows:
Selecting a contractor for a small-scale bidding package
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3. The bid security value is from 1% to 1.5% of the bidding package value; the performance guarantee value is from 2% to 3% of the contract value.
The bid security value is from 1% to 1.5% of the bidding package value; the performance guarantee value is from 2% to 3% of the contract value.
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