Vietnam: Latest summary of methods of selection of bidders/investors in 2022

Vietnam: Latest summary of methods of selection of bidders/investors in 2022 (Source: Internet)

1. Methods of selection of bidders/investors in 2022 in Vietnam

Pursuant to Section 2, Chapter 2 of the Law on Procurement 2013, bidding methods include:

- The single-stage one-envelope bidding procedure;

- The single-stage two-envelope bidding procedure;

- The two-stage one-envelope bidding procedure;

- The two-stage two-envelope bidding procedure.

2. The single-stage one-envelope bidding procedure in Vietnam

- The single-stage one-envelope bidding procedure shall apply in the following cases:

+ Competitive bidding, limited bidding for procurement of non-consulting service provision; procurement of procurement of goods, works, mixed packages with small scale;

+ Shopping Method for procurement of non-consulting service provision, goods procurement, works;

+ Direct Contracting for procurement of the consulting service provision, non-consulting service provision, goods procurement, construction, mixed packages;

+ Direct Procurement for procurement of goods procurement;

+ Direct Contracting for selection of investor.

- Bidders/investors may submit Bids, Proposals including Technical Proposal and Financial Proposal at the request of Bidding Documents, Requests for Proposals.

- The bid opening shall be conducted once for all Bids, Proposals.

(Article 28 of Law on Procurement 2013)

3. The single-stage two-envelope bidding procedure in Vietnam

- The single-stage two-envelope bidding procedure shall apply in the following cases:

+ Competitive bidding, limited bidding for procurement of consulting services, non-consulting services, goods procurement, works, mixed packages;

+ Competitive bidding for selection of investor.

- Bidder or investor may submit concurrently both envelopes of Technical Proposal and Financial Proposal in a separate form at the request of Bid.

- Bid opening shall be conducted twice. Technical Proposal shall be opened as soon as deadline for submisison of bids. Bidders or investors satisfying the technical requirements shall have the envelope of Financial Proposal opened for assessment.

(Article 29 of Law on Procurement 2013)

4. The two-stage one-envelope bidding procedure in Vietnam

- The two-stage one-envelope bidding procedure shall apply in cases of competitive bidding, limited bidding for package of procurement of goods, works, mixed packages with big scale and complex nature.

- In the first stage, bidders may submit Technical Proposal and Financial Proposal at the request of Bidding Documents but not yet had Bid Price. On the basis of exchange with each contractor participating in this stage, the envelope shall be determined for bid invitation in second stage.

- In second stage, bidders participated in first stage shall be invited for submission of Bids. Bids include Technical Proposal and Financial Proposal at the request of Bid for second stage, in which included Bid Price and Bid Security.

(Article 30 of Law on Procurement 2013)

5. The two-stage two-envelope bidding procedure in Vietnam

- The two-stage two-envelope bidding procedure shall apply in cases of competitive bidding, limited bidding for procurement of goods, works, mixed packages with new, complex and particular techniques and technologies;

- In first stage:

Bidders shall submit concurrently both envelopes of Technical Proposal and Financial Proposal in a separate form at the request of Bid. Technical Proposal shall be opened as soon as deadline for submisison of bids.

On the basis of assessment on Technical Proposal of bidders in this stage, to determine contents corrected in techniques in comparison with Bid and list of bidders satisfying requirements and being invited for bidding in second stage. Financial Proposal shall be opened in second stage.

- In second stage:

Bidders satisfying requirements in first stage shall be invited for submission of Bids. Bids include Technical Proposal and Financial Proposal at the request of Bid for second stage corresponding to content corrected in techniques.

In this stage, the envelope of Financial Proposal submitted in first stage shall be opened concurrently with Bids in second stage for assessment.

(Article 31 of Law on Procurement 2013)

Ngoc Nhi

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