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