On August 24, 2020, the Government of Vietnam issued Decree 95/2020/ND-CP providing guidance on procurement bidding in accordance with the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.
04 cases of bidding cancellation for procurement according to the CPTPP Agreement (Illustrative image)
Decree 95/2020/ND-CP stipulates 4 cases of bidding cancellation for procurement according to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership as follows:
Additionally, organizations or individuals violating the legal provisions on bidding leading to bid cancellation due to the invitation to bid documents, request documents not complying with the provisions of the law on bidding or other relevant legal regulations, and having evidence of giving, receiving, brokering bribes, bid-rigging, fraud, abuse of position, and authority to intervene illegally in bidding activities, leading to distorting the results of contractor selection, must compensate costs for the related parties to cover the costs of re-organizing the bidding and be dealt with according to legal provisions.
For details, see Decree 95/2020/ND-CP effective from August 24, 2020.
Ty Na
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