Evaluation of the financial profile of the investor of the project of dredging the seaport waters of Vietnam

Evaluation of the financial profile of the investor of the project of dredging the seaport waters of Vietnam
Bảo Ngọc

The Ministry of Transport of Vietnam has promulgated Circular 22/2021/TT-BGTVT dated September 30, 2021 stipulates methods and criteria for evaluating bids to select investors (investors) to implement projects on dredging seaport waters and inland waterways in combination with product recovery.

According to this Circular , the method and criteria for evaluating the financial-commercial records of investors are prescribed as follows:

- Using the method of comparison and ranking based on the criteria of social benefits and the State's interests;

- In case the project's dredging cost is less than or equal to the value of recovered products, the investor is proposed to win the bid when there is a proposal for the value of the difference between the dredging cost and the value of recovered products remitted to the state budget in money in the bid documents is not lower than the value of recovered products specified in the bidding documents;

- In case the dredging cost of the project is greater than the value of recovered products, the investor is proposed to win the bid when there is a proposal for the value of the difference between the dredging cost of the project and the value of product recovered in the bid is the lowest and the proposed value of the recalled product is not less than the value of the recalled product specified in the bidding documents...

See details in Circular 22/2021/TT-BGT of Vietnam effective from December 1, 2021.

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