Page 97 - BASIC PRINCIPLES OF QUANTITY SURVEYING PROFESSIONAL PRACTICES
P. 97

Politeknik Kota Bharu






                       TYPE OF TENDER                 INVITATION PROCEDURES


                        DIRECT
                        NEGOTIATION          •  After  the  conditions  stipulated  by  the
                        TENDER                  Ministry  of  Finance  on  the  permission  of

                                                direct negotiations are met, a Letter of Intent
                                                (LOI) will be provided to the company for the
                                                purpose of executing price negotiations.


                                             •  The  Officer  shall  ensure  that  the  LOI  is

                                                signed by any officer authorized under the
                                                Government Contract Act 1949, and that the

                                                LOI is not subject to any value limitations.
                                                The Controller must also make certain that
                                                the  LOI's  provisions  do  not  bind  the

                                                government (non-binding).












































                                                                                            81
   92   93   94   95   96   97   98   99   100   101   102