Standards for Time-limits for Tendering Article 3

An entity conducting pre-qualification evaluation in selective tendering procedures shall prescribe a reasonable tendering period from the date of publication of the notice on the Government Procurement Gazette until the closing date for receipt of documents, by taking into account the nature of the subject procurement and the time required for tenderers to prepare and submit qualification documents.The tendering period referred to in the preceding paragraph shall not, unless otherwise prescribed by this Standards or by any treaty or agreement to which this nation is a party, be less than the following time-limits:1. 7days for procurement of a value not reaching the threshold for publication;2. 10 days for procurement of a value reaching the threshold for publication but not reaching the threshold for large procurement; and3. 14 days for large procurement.Where an entity invites tender from those suppliers who have passed the pre-qualification referred to in the first paragraph, the provision set out in paragraph 2 of the preceding Article shall apply mutatis mutandis to the tendering period from the date of invitation to tender until the closing date for receipt of tenders.