12:00 | 05/09/2024

Proposal Dossier on Investor’s Technical Plan is Considered Valid When It Contains Which of the Following Contents?

Let me inquire about the upcoming Decree of the Government of Vietnam. What are the regulations concerning the technical proposal dossier of the investor? When will this dossier be evaluated as valid?

Based on the provisions of Clause 2, Article 38 of Decree 25/2020/ND-CP (effective from April 20, 2020), the technical proposal dossier of an investor is considered valid when it meets all the following contents:

- The original technical proposal dossier;

- A bidding application within the technical proposal signed and sealed (if any) by the legal representative of the investor as required by the bidding documents. For investors in a joint venture, the bidding application must be signed and sealed (if any) by the legal representative of each joint venture member, or the lead member of the joint venture should sign the bidding application on behalf of the joint venture as per the responsibilities assigned in the joint venture agreement;

- The validity of the technical proposal dossier meets the requirements as specified in the bidding documents;

- Bid security with a value and validity period that meets the requirements of the bidding documents. In the case where bid security is stipulated to be provided in the form of a letter of guarantee, the letter of guarantee must be signed by the legal representative of the credit institution with the value, validity period, and beneficiary as required by the bidding documents;

- Not being named in two or more technical proposal dossiers either as an independent investor or as a member of a joint venture;

- A joint venture agreement signed and sealed (if any) by the legal representative of each joint venture member;

- The investor is not currently under prohibition from participating in bidding activities as regulated by the law on bidding;

- The investor ensures valid status as provided in Article 5 of the Law on Bidding.

Sincerely!

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