Under the revised Article 10.20(d), the National Security Council is now empowered to select specific parties or special entities for single-source procurement without the requirement for bids.
The Ministry of Finance has amended and published changes to Article 10.20(d) and Article 10.49(c)(4) of the State Financial Regulations.
Under the revised Article 10.20(d), the National Security Council is now empowered to select specific parties or special entities for single-source procurement without the requirement for bids. Previously, projects were awarded in this manner only to certain companies.
Earlier regulations mandated that such projects could only be awarded to companies with more than 50 percent government majority shareholding or to cooperative societies of the police and military, and these projects could not be subcontracted to other parties. These stipulations have been removed in the recent amendments.
Additionally, Article 10.49(d) has been introduced, granting the National Security Council the authority to modify the price or duration of agreements signed with its approval, and to terminate agreements if necessary. Previously, the authority to amend or terminate such agreements was held by the contracting ministry and its bid committee.
Single-source procurement is a method of acquiring goods, services, or contracting work from designated parties without competitive bidding, typically used when time constraints or lack of expected favorable responses from bids render competitive bidding impractical.
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