Bidders are not allowed to amend their bid dossiers after the bid opening.

Bidders are not allowed to amend their bid dossiers after the bid opening.

Set-up-company-in-vietnam-Vinasc22. In the course of evaluation and comparison of bid dossiers, bid solicitors may request bidders to clarify matters related to their bid dossiers. Requests of solicitors and replies of bidders must be made in writing.

3. Where bid solicitors amend some contents in tendering dossiers, they must send such amendments in writing to all bidders at least ten days before the deadline for submitting bid dossiers so that bidders have enough time to finalize their bid dossiers.

Article 229.- Classification and selection of bidders

1. On the basis of the result of the evaluation of bid dossiers, bid solicitors shall have to classify and select bidders according to the method already determined.

2. Where many bidders obtain equal scores and equally satisfy criteria to win the bidding, the bid solicitor shall have the right to select winning bidder.

Article 230.- Notification of bidding results and entry into contracts

1. Immediately after bidding results are available, bid solicitors shall have to notify them to bidders.

2. Bid solicitors shall finalize and enter into contracts with bid winners on the following bases:

a/ Bidding results;

b/ Requirements stated in tendering dossiers;

c/ Contents in bid dossiers.

Article 231.- Contract performance security

1. Involved parties may agree that bid winners should make deposits or collaterals or be provided with guarantees to secure the performance of contracts. Money amount to be deposited or used as a collateral shall be set by bid solicitors but must not exceed 10% of the contract value.

Set-up-company-in-vietnam-Vinasc12. Contract performance security measures shall be effective up to the time of completion of contractual obligations by bid winners.

3. Unless otherwise agreed, bid winners shall receive back deposits or collaterals as security for the performance of contracts upon the liquidation of such contracts. Bid winners shall not be entitled to receive back deposits or collaterals as security for the performance of contracts if they refuse to perform such contracts after they are entered into.

4. After paying deposits or making collaterals to secure the contract performance, bid winners shall have their bid deposits or collaterals refunded.

Article 232.- Reorganization of bidding

A bidding shall be reorganized in one of the following cases:

1. Where there is a violation of the regulations on bidding;

2. Where all bidders fail to satisfy the bidding requirements.