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On February 27, 2024, the Government issues Decree No. 23/2024/ND-CP Detailing several articles and measures for implementation of the Bidding Law regarding the selection of investors to implement projects falling into cases subject to organization of bidding by specialized laws.
Firstly, bids shall be opened publicly within 2 hours after the time of bid closing an investor’s bid dossier shall be evaluated as valid when fully meeting the following conditions
- The original dossier is available;
- There are valid bid application forms bearing signatures and seals (if any) of lawful representatives of investors as required by the bidding dossier. For a joint-name, the bid application form must bear the signatures and seals (if any) of the lawful representative of every joint-name member. An assigned member may sign the bid application form on behalf of the joint-name if so agreed in the joint-name agreement;
- The bid dossier's validity satisfies the requirements prescribed in the bidding dossier;
- The investor must not be named in two or more bid dossiers as an independent investor or a member of the consortium;
Secondly, bid dossier’s evaluation methods have a scale of 100 or 1,000 points provided the total score ratio must be 100%, within that:
- Score of capacity and experience accounts for from 20% to 30% of the total scores;
- Score of business investment plan accounts for from 20% to 50% of the total scores;
- Score of sectoral and local development investment efficiency accounts for from 30% to 50% of the total scores
Additionally, a roadmap for the application of the e-selection of contractors
- From January 1, 2025: Carry out the procedures for invitation for expression of interest in the country following Article 61 of this Decree on the Vietnam National E-Procurement System (hereinafter referred to as the System).
- From July 1, 2025: Carry out online selection of investors for business investment projects for which open bidding or restricted bidding is organized according to the single-stage single-envelope method or single-stage two-envelope method of this Decree on the System.
- For business investment projects subject to international bidding, online selection of investors shall not be applied, provided that the project information shall be disclosed on the System.
