293 tal-2014 - Regolamenti tal-2014 li jemendaw ir-Regolamenti dwar il-Kuntratti Pubbliċi (Emenda Nru. 3)

L.N. 293 of 2014

FINANCIAL ADMINISTRATION AND AUDIT ACT

(CAP. 174)

Public Procurement (Amendment No. 3) Regulations, 2014

BY VIRTUE of the powers conferred by article 4 of the

Financial Administration and Audit Act, the Minister for Finance has

made the following regulations:-

(1) The title of these regulations is the Public

Procurement (Amendment No. 3) Regulations, 2014, and these

regulations shall be read and construed as one with the Public

Procurement Regulations, hereinafter referred to as the "principal

regulations".

(2) The purpose of these regulations is to amend the threshold

in Part XII for the application of the separate packages in tender offer

procedure.

Sub-regulation (1) of regulation 83 of the principal

regulations shall be amended as follows

(a)

for the words and figure "two million euro

(€2,000,000)" there shall be substituted the words and figure

"fifteen million euro (€15,000,000)"; and

(b) paragraph (a) thereof shall be substituted by the

following

"(a) Package One: a copy of an original and valid

tender bond (Bid Bond), duly executed in the form, for the

amount and for the validity period stipulated in the official

tender document

Provided that the original bid-bond shall be

submitted by the tenderer as and when requested by the

contracting authority and, or the central government

authority, as the case may be;".

€0.09