Decree 95: Regulations on Posting Tender Invitations

23:41, 10/07/2024

Recently, the Government of Vietnam has issued Decree 95/2020/ND-CP providing guidelines for the implementation of procurement bidding under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

Decree 95: Regulations on the content of publishing bidding notices, Decree 95/2020/ND-CP

Decree 95: Regulations on the content of publishing bidding notices (Illustrative Image)

Decree 95/2020/ND-CP stipulates that the content of publishing bidding notices 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, effective August 24, 2020.

Ty Na

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