Once the RFQ is prepared, an RFQ notice shall be issued.
The RFQ notice:
a) shall be designed and disseminated to seek competition in the procurement and attract a sufficient number of responsive candidates.
b) The Work Team shall advertise the procurement for a minimum of 4 weeks prior to the RFQ deadline.
c) The RFQ notice shall:
1) Be published and disseminated openly to give sufficient notice of the opportunity to qualify for the Privatization opportunity.
2) Be in both Arabic and English.
3) Take the form of a press release, advertisement, or similar posting.
4) Outline basic project information, identify the respective procuring entity, and include a summary of the project goals and objectives.
5) Direct interested parties to the respective Entity or project website containing the RFQ and other relevant project and qualifying materials.
6) State a clear deadline for submitting qualifying materials that allows sufficient time for interested bidders to prepare and submit qualifying information. State any rights reserved to the Kingdom such as the right to amend the notice or terminating the qualification process.
7) Identify a single point of contact responsible for disseminating project and procurement information, answering questions, and clarifying any submission requirements, and
8) Identify the manner and place for a bidder to present its bid materials.
9) Note the confidentiality and non-disclosure requirements.