Cost of selecting contractors on the National Bidding Network System in Vietnam

Cost of selecting contractors on the National Bidding Network System in Vietnam
Bảo Ngọc

According to the Circular, the cost of selecting contractors and investors on the System includes:

- The cost of registering to join the System (only paid once when registering) is VND 550,000;

- The cost of maintaining the name and capacity profile of contractors and investors on the System is VND 550,000 for 01 year. Contractors, investors pay this cost from the 2nd year onwards after the year of registration to participate in the System;

- The cost of bid submission is 330,000 VND for 01 bidding package (VAT included); the cost of submitting the proposal is 220,000 VND for 01 bidding package;

- The cost of the winning contractor is calculated at 0.022% of the winning bid but the maximum is VND 2,200,000. For a bidding package divided into several parts or separate lots, the cost of the winning contractor is calculated according to the winning value of each part.

- The cost of using E-contracts is calculated at 0.022% of the maximum contract price of VND 2,200,000.

(The above costs are inclusive of value added tax).

Circular 06/2021/TT-BKHDT of Vietnam takes effect from March 1, 2022.

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