ipr
Info-Prod Research (Middle East) Ltd.
Clients
About IPR
|
|
ipr
Info-Prod Research (Middle East) Ltd.
|
|
|
Home
Country Guide
Reports
Services
Business Development-
Clients
About IPR
|
|
|
 |
Oman |
  |
Info-Prod Country Guide | |
|
JUDICIARY
BUSINESS FORMS & STRUCTURES
CURRENCY & BANKING
INTELLECTUAL PROPERTY
TAXATION INVESTMENT & TRADE PUBLIC PROCURMENT LABOR LAW ENVIRONMENTAL LAW |
|
|||
|
Public Sector Procurement The government carries out most major infrastructure and commercial projects and at times it may carry out a project as a party to a joint venture. Design, engineering, construction, operation and maintenance contracts may be awarded separately. In order to monitor these contracts and ventures, a Tender Board was set up to handle all large governmental projects. Certain bodies, however, have their own tender boards: the Ministry of Defense, the Royal Oman Police, the General Telecommunication Organization, and the Petroleum Development Oman. For contracts the value of which is higher than RO 100,000, the Tender Board sets the terms of bidding, issues invitations and selects the winners. In general, there is no formal pre-qualification process. Nonetheless, bidders must comply with the procedure set out in the Law and Regulations for Government Tenders (Royal Decree 86/84). For example, bidders are required to have an Omani sponsor or partner and must be registered with the Tender Board as well as with the Ministry of Commerce and Industry. Bidders are generally required to submit a deposit equal to 2 percent of the tender's value in the form of a bank guarantee. The main factor taken into account by the Tender Board is the price, in addition to past performance, financial capacity, compliance with procedure and the like. Within fifteen days of receiving the award, the winner has to submit a bank guarantee amounting to 5 percent of the value of the contract.
|
|
|
Home
Country Guide
Reports
Services
Business Development-
Clients
About IPR
|
