Ministry of Finance, Measures for the Administration of the Invitation for and Submission of Bids for the Government Procurement of Goods and Services (Draft for Comments)
财政部政府采购货物和服务招标投标管理办法（征求意见稿）
April 21, 2016 | BY
Susan Mok &clp articles &Issued: April 8 2016 Main contents: If the target of procurement of a bid invitation project is more than one good and/or service, the attribute…
Issued: April 8 2016
Main contents: If the target of procurement of a bid invitation project is more than one good and/or service, the attribute of the project shall be determined based on the procurement target accounting for the largest percentage of the project's funds (Article 6).
A purchaser may, based on the price calculation, set a ceiling price within the procurement budget limit, but may not set a price floor (Article 12).
The period of validity of a bid shall count from the deadline for the submission of the bid documents. The bid validity period committed to in the bid documents shall not be shorter than the bid validity period specified in the bid invitation documents. After the bid deadline, a bidder may not withdraw its bid documents during the bid validity period (Article 23).
Issued: April 8 2016
Main contents: If the target of procurement of a bid invitation project is more than one good and/or service, the attribute of the project shall be determined based on the procurement target accounting for the largest percentage of the project's funds (Article 6).
A purchaser may, based on the price calculation, set a ceiling price within the procurement budget limit, but may not set a price floor (Article 12).
The period of validity of a bid shall count from the deadline for the submission of the bid documents. The bid validity period committed to in the bid documents shall not be shorter than the bid validity period specified in the bid invitation documents. After the bid deadline, a bidder may not withdraw its bid documents during the bid validity period (Article 23).
This premium content is reserved for
China Law & Practice Subscribers.
A Premium Subscription Provides:
- A database of over 3,000 essential documents including key PRC legislation translated into English
- A choice of newsletters to alert you to changes affecting your business including sector specific updates
- Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
Already a subscriber? Log In Now