Government Tenders and Procurement Law
Art. 39Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. A proposal shall be valid for a period of 90 days from the date set for proposal
opening. If a proposal is withdrawn within said period, the initial financial
guarantee shall not be returned.
Government Tenders and Procurement Law
2. A government agency may extend the proposals’ validity period for another
90 days. Bidders willing to proceed with the tender shall extend the validity
period of their initial guarantees.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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