On February 27, 2024, the Government issued Decree 24/2024/ND-CP providing guidelines for the Law on Bidding on contractor selection. This Decree repeals some legal documents and regulations related to bidding and centralized procurement, including Decree 63/2014/ND-CP providing details for the implementation of some articles of the Law on Bidding on contractor selection. Some new regulations of Decree 24 that may affect related enterprises are as follows:
(i) Amending and supplementing regulations related to incentives in bidding;
(ii) Supplementing new regulations on online contractor selection;
(iii) Regulating cases of adjusting contract price, volume, and other contents in a contract without having to amend the contract or sign any addendum to the contract.
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