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15 Jul 2013

GOVERNMENT TENDERS AND PROCUREMENT LAW - Saudi Arabia

This Law aims at (a) regulating procedures of tenders and procurements carried out by government authorities and ensuring they are not influenced by personal interest in order to protect the public funds; (b) achieving maximum degree of economic efficiency in government procurements and carrying out government projects at fair competitive prices; (c) promoting honesty and competition and ensuring fair treatment of suppliers and contractors in accordance with the principle of equal opportunities; (d) guaranteeing transparency in all stages of\r
government


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