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ROM APRIL 20, THE SELLING PRICE FOR A BIDDING DOSSIER MUST NOT EXCEED VND 20 MILLION

This content is prescribed by the Government in the Decree No. 25/2020/ND-CP on detailing a number of Articles of the Law on Bidding concerning investor selection dated February 28, 2020.

In accordance with this Decree, for domestic bidding, the selling price (including tax) for a bidding dossier or dossier of requirements must not exceed VND 20 million; the price for a set of dossier of invitation to prequalification must not exceed VND 5 million. For international bidding, the selling price (including tax) for a bidding dossier or dossier of requirements must not exceed VND 30 million; the price for a set of dossier of invitation to prequalification must not exceed VND 10 million.

In addition, expenses for making and appraisal of dossiers of invitation to prequalification; evaluation of dossiers for participation in prequalification; appraisal of prequalification results are prescribed as follows:

Firstly, the expense for making a dossier of invitation to prequalification is 0.02% of the total investment, which must be at least VND 10 million and at most VND 100 million.

Secondly, the expense for appraising a dossier of invitation to prequalification is 0.01% of the total investment, which must be at least VND 10 million and at most VND 50 million...

Besides, the payment for the Advisory Council to settle investors’ appeals about investor selection results is 0.02% of the total investment of the appealing investor, which must be at least VND 20 million and at most VND 200 million.

This Decree takes effect on April 20, 2020.

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