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Kuwait | Info-Prod Country Guide | |||
JUDICIARY
BUSINESS FORMS & STRUCTURES
CURRENCY & BANKING
INTELLECTUAL PROPERTY
TAXATION INVESTMENT & TRADE PUBLIC PROCURMENT LABOR LAW ENVIRONMENTAL LAW |
Public Sector Procurement Procurement by the Kuwaiti Government and its agencies is governed by Law No. 37 of 1964 as modified by Law Nos. 13 and 31 of 1970 and 1977, respectively concerning Public Tenders (hereinafter, the “Tenders Law”). The Tenders Law provides that any procurement made by the Kuwait Government with a value in excess of 5,000 KD must be conducted through the Central Tenders Committee procedures in order to ensure competitive pricing. Article 5 of the Tenders Law provides that a bid for a government contract may be made by a Kuwaiti merchant, individual or company which is registered in the Register of Commerce in the Chamber of Commerce and Industry of Kuwait. A foreign entity may act as a government contractor only through a Kuwaiti entity in which it has an ownership interest or by acting directly but with the assistance and support of a Kuwaiti agent or commercial representative. The tenderer must be registered in the Classification List of Contractors and Suppliers. The two exceptions to the application of the Tenders Law are Ministry of Defense procurements and other specialized procurements by the approval of the Central Tenders Committee.
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