A Procuring Entity (PE) sought guidance in relation to whether an advance payment for the procurement of good, service and works can only be done when a contract is enforced between the procuring entity and a contractor.
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The applicable treatment for advance payment securities.
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Whether, in accordance with Section 43 of the Public Procurement Act, 2015 (the Act) the approval of the Tier 2 or Tier 3 authorities would be required, where the total contract price of the lots aggregates to a sum that exceeds the threshold for the Tier 1 approval.
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Whether a bid submitted after the deadline for submission may be accepted.
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