Period of Tender

3.2.25  The Period of Tender refers to the time period between the date of publication of Tender Notice and the closing date for receipt of Tender Proposals from bidders. A reasonable minimum Period of Tender should be specified for PPP projects given the complexity of tendering for PPP projects. As a guide, GPEs could consider setting 4-6 months before this PPP tender closes.

3.2.26  Where a decision has been made to extend the closing date, the GPE shall issue a Corrigendum to Tender Notice in GeBIZ at least one month before the original closing date to effect this. This is to give all prospective bidders adequate notice of such extension.

3.2.27  If the closing date has to be brought forward, the GPE shall issue a Corrigendum preferably one month before the new closing date. This is to give all prospective bidders adequate notice to respond on time. The period of tender can only be reduced in exceptional circumstances where there is extreme urgency or due to obvious errors with the original closing date. GPEs should be mindful that shortening the tendering period may lead to some prospective bidders being caught unawares and unable to submit a bid on time. GPEs should thus avoid this as much as possible.