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Oman : OMAN to amend tender law, company rating

Publish Date : 27-Jan-2015

Oman plans to amend its tenders law and rating of businesses to accelerate the contract awards and avoid costly delays. A senior official of the Sultanate's tenders board said the amended tenders law would include new regulations to rate bidding companies and consultancy offices by the government.

The official said the tenders committees in all state departments will also be required to submit regular report to the tenders board about their work and activities.

The official said this in response to remarks by members of the state council, the upper house of the Council of Oman (parliament) during Tuesday’s session, that there have been delays in the offering of projects and that this is making projects costly. The state council's chairman Yahya Al Mantheri said the tenders board should revise its work mechanism and simplify its procedures of contract awards.

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