Tender would only be called if worth RM500k
February 25th, 2009
This announcement translates into more opportunities to be created and impose healthy tender process, suitable for Malaysia Government to spend 1st and 2nd Stimulus package effectively.
See article below taken from NST, February 25, 2009.
Faster contract bid system, minus tender
KUALA LUMPUR: The government is implementing a system for contractors to quote a price for government jobs worth RM500,000 and below, doing away with the time-consuming tender process.
Deputy Prime Minister Datuk Seri Najib Razak said all projects that fall within the cost range would be awarded based on the quotations offered by contractors.
“This is to speed up implementation of government projects,” he said after the monthly Economic Planning Unit meeting.
