BEIJING, June 23 (Xinhua) -- A draft revision to China's bidding law was submitted on Tuesday to the ongoing session of the Standing Committee of the National People's Congress, the national legislature, for its first reading.
The draft, consisting of 79 articles in six chapters, aims to improve the long-term management mechanism for the tendering and bidding sector, strengthen oversight in the bidding and tendering sector, and reduce corruption.
The draft adds provisions that projects subject to mandatory bidding are required to publish bidding plans and disclose winning results, bid award methods and the main reasons for selecting the winning bidders.
The draft also prohibits discrimination against bidders based on their ownership forms and removes hidden barriers impeding the development of a unified national market, while adding that policies and measures related to bidding and tendering should undergo fair competition reviews.
In addition, the draft highlights the need for technological innovation to enhance bidding efficiency, and revises evaluation criteria and methods with the aim of preventing the awarding of contracts based solely on being the lowest bid. Enditem
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