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Main Page / Legislations / Law No. 8 of 1976 Organizing Tenders and Auctions / Procedures for Settling the Bid and Signing the Contract / Chapter 4 / Article 43
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Law No. 8 of 1976 Organizing Tenders and Auctions

Law Summary Record Type: LawNumber: 8Date: 22/11/1976 Corresponding to 30/11/1396 HijriNumber of Articles: 65Status: Canceled
Official Gazette :Issue: 7Offcial Journal Issue Publication Date: 01/01/1976 Corresponding to 29/12/1395 HijriPage from: 3303
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  1. from 01/01/1976
    To 18/06/2002
  2. from 18/06/2002
  1. Article 43 ( Amended By Law 12 / 2002 )
    Starting Date: 01/01/1976 Expiry Date : 18/06/2002
     
    1. The governmental body and the owner of the project shall, by registered letter or any other means of notification, request the bidder who won the bid to pay the final insurance and to sign the contract within the time specified by the Committee. Where he fails to comply, he shall be considered as having withdrawn his offer.
    2. The bidder shall be considered a contracting party from the date of signing the contract. Signature shall be permitted after the approval of the Minister of Finance and Petroleum.
  2. Article 43
    Starting Date: 18/06/2002
    1.       The governmental body and the owner of the project shall,by registered letter or any other means of notification, request the bidder who won the bid to pay the final insurance and to sign the contract within the time specified by the Committee. Where he fails to comply, he shall beconsidered as having withdrawn his offer.
    1. The bidder shall be considered a contracting party from the date of signing the contract.Signature shall be permitted after the approval of the Minister of Finance.

Article 43 - (Amended By Law 12 /2002)
Starting Date : 18/06/2002

1.       The governmental body and the owner of the project shall,by registered letter or any other means of notification, request the bidder who won the bid to pay the final insurance and to sign the contract within the time specified by the Committee. Where he fails to comply, he shall beconsidered as having withdrawn his offer.
  1. The bidder shall be considered a contracting party from the date of signing the contract.Signature shall be permitted after the approval of the Minister of Finance.

Last Article Text
Starting Date : 01/01/1976 Expiry Date: 18/06/2002

 
  1. The governmental body and the owner of the project shall, by registered letter or any other means of notification, request the bidder who won the bid to pay the final insurance and to sign the contract within the time specified by the Committee. Where he fails to comply, he shall be considered as having withdrawn his offer.
  2. The bidder shall be considered a contracting party from the date of signing the contract. Signature shall be permitted after the approval of the Minister of Finance and Petroleum.

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