What are regulations on self-advertisement of information posted on the national bidding network in Vietnam?
What are regulations on self-advertisement of information posted on the national bidding network in Vietnam? What conditions must be met for domestic goods to enjoy bid preference in Vietnam? What are regulations on calculation of bid preference for domestic goods in Vietnam?
What are regulations on self-advertisement of information posted on the national bidding network in Vietnam?
Learn about the law on publicizing bidding information and contractors. If you have any questions, I look forward to receiving your response. Specifically: What are regulations on self-advertisement of information posted on the national bidding network?
Answer: Self-advertisement of information posted on the national bidding network is regulated in Clause 1, Article 8 of Decree 63/2014/ND-CP guiding the Bidding Law on contractor selection, specifically as follows:
a) Concerned entities who are responsible to supply information as regulated at Clause 1 Article 7 of this Decree carry out the registration of participants into the national bidding network system according to regulations specified in Article 87 of this Decree and perform the self-advertisement of their information on the national bidding network system according to the guidance from the Ministry of Planning and Investment;
b) In respect of the information regulated in Point b, c Clause 1 Article 8 of the Bidding Law, procuring entities shall release the Request for Expression of Interest (hereinafter abbreviated as EOI), Prequalification, Invitation for Bids and Request for Proposals, which complies with the bidding schedule announced in the notification of EOI Request, Prequalification, Invitation for Bids and Request for Offers but takes place within a minimum of 03 working days from the first date on which the information is posted on the national bidding network system;
c) In respect of the information regulated in Point a, d, dd, g and h Clause 1 Article 8 of the Bidding Law, organizations responsible for the advertisement of bidding information must ensure that their self-advertisement of bidding information is not later than 07 working days from the date on which the bidding documents are released.
What are regulations on self-advertisement of information posted on the national bidding network in Vietnam? (Image from the Internet)
What conditions must be met for domestic goods to enjoy bid preference in Vietnam?
Hello, I am Huynh Anh, currently working at a construction company, infrastructure department. Regarding the bidding process, I have the following questions and would like to receive advise: What conditions must be met for domestic goods to enjoy bid preference in Vietnam?
Answer: Bid preference for domestic goods must meet the conditions specified in Clause 1, Article 5 of Decree 63/2014/ND-CP guiding the Bidding Law on contractor selection, specifically as follows. :
1. Goods are eligible for bid preferences provided that bidders prove that domestic production costs account for above 25% of total price. Percentage (%) of domestic production cost of goods is calculated according to the following formula:
D (%) = G*/G (%)
Where:
- G*: Domestic production cost calculated by quoted price of goods defined in the bid envelope and proposal which subtracts tax values and external costs, inclusive of fees and charges;
- G: Quoted price of goods defined in the bid envelope and proposal subtracting tax values;
- D: Percentage (%) of domestic production cost of goods. D3 gains the rate of 25%, which can enable goods to receive the bid preferences as regulated in Clause 2 of this Article.
What are regulations on calculation of bid preference for domestic goods in Vietnam?
Learn about regulations on preferential mechanisms and policies for domestically produced goods. Regarding incentives in bidding. If you have any questions, please respond. Specifically: What are regulations on calculation of bid preference for domestic goods in Vietnam?
Answer: The calculation of bid preference for domestic goods is specified in Clause 2, Article 5 of Decree 63/2014/ND-CP guiding the Bidding Law on contractor selection, specifically as follows: after:
2. Bid preference calculation:
a) In case of the application of lowest bid method, goods that do not receive bid preferences must add a monetary amount accounting for 7.5% of quoted bid after correction of errors, adjustment of deviations and deduction of discounts (if any) of these goods to the quoted bid price after correction of errors, adjustment of deviations and deduction of discounts (if any) of bidders for comparison and rating;
b) In case of the application of evaluated price method, goods that do not receive bid preferences must add a monetary amount accounting for 7.5% of quoted bid after correction of errors, adjustment of deviations and deduction of discounts (if any) of these goods to the evaluated price of these bidders for comparison and rating;
c) In case of the application of combined technical and price-based method, goods that receive the bid preferences are given additional preferential scores to total combined scores as follows:
Preferential score = 0.075 x (preferential goods price / bid price) x combined scores
Where: Preferential goods price is quoted bid after correction of errors, adjustment of deviations and deduction of discounts (if any) of goods that receive bid preferences.
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