Government Tenders and Procurement Law
Art. 41Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. A bidder shall submit, along with the proposal, an initial guarantee of 1% to
2% of the value of the proposal. Any proposal submitted without such
guarantee shall be disqualified.
2. The Regulations shall specify the provisions relating to the initial guarantee.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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