6. Contract Award
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6. Contract Award Start Comparison
a. Are there any rules on the award of contracts?

Yes. In general, the procuring public agency is required to select the bid or offer that provides the best value for money, fulfils the stipulated specifications and where the goods or works can be completed within the desired timeframe.

b. Are there any limitations regarding the offered bid price?

Yes, if the bid price is 30% less than the procuring agency's estimated price, the bid will be considered as too low and may not be considered for the tender.

c. Are there any rules on alternative bids?

No.