On February 27, 2024, the Government issues the Decree No. 24/2024/ND-CP detailing a number of articles of and measures to implement the Law on Bidding regarding contractor selection.
Accordingly, expenses for contractor selection are regulated as follows:
The expense for formulation or appraisal of a general plan on contractor selection equals 0.5% of the expense for formulation of a feasibility study report but must be between VND 5,000,000 and VND 40,000,000.
Expenses for making and appraisal of dossiers:
- The expense for making of a dossier of invitation for expression of interest or dossier of invitation to pre-qualification equals 0.1% of the price of the bidding package but must be between VND 02 million and VND 30 million;
The expense for appraisal of a dossier of invitation for expression of interest or dossier of invitation to prequalification equals 0.06% of the price of the bidding package but must be between VND 02 million and VND 30 million;
The expense for making of a bidding dossier or dossier of requirements equals 0.2% of the price of the bidding package but must be between VND 03 million and VND 60 million;
- The expense for appraisal of a bidding dossier or dossier of requirements equals 0.1% of the price of the bidding package but must be between VND 2 million and VND 60 million.
Expenses for evaluation of dossiers:
- The expense for evaluation of a dossier of expression of interest or dossier of participation in pre-qualification equals 0.1% of the price of the bidding package but must be between VND 02 million and VND 30 million;
- The expense for evaluation of a bid dossier or dossier of proposals equals 0.2% of the price of the bidding package but must be between VND 03 million and 60 million.
- The expense for appraisal of contractor selection result, including cases of failure to select contractors, equals 0.1% of the price of the bidding package but must be between VND 03 million and VND 60 million.
Decree No. 24/2024/ND-CP takes effect on February 27, 2024.