Qatar Tenders Law Amendments
18 August, 2022
In brief
Cabinet decision no. 11 of 2022 amending some provisions of Executive Regulations of the Law no. 24 of 2015
The Qatar Ministry of Finance (“MoF”) announced on 9 August 2022 certain amendments to the Executive Regulations of Qatar Law no. 24 of 2015 Regulating Tenders and Auctions (the “Tenders Law”).
The amendments, issued via Cabinet Decision no. 11 of 2022 (the “Amendment”), focus primarily on three key areas: (i) supporting local small- and medium-sized entities (SMEs); (ii) enhancing governance and procurement processes; and (iii) incentivizing companies to generate in-country value ("ICV") and support the local economy.
The detail
The amendment provides local SMEs with numerous benefits, including:
Exempting SMEs from providing bid bonds for certain qualifying tenders
Exempting SMEs from providing performance bonds during the performance of certain qualifying government contracts
Eliminating fees to be paid by bidders for tender documents for tenders valued at less than 1,000,000 QAR
Limiting participation in tenders valued at less than 5,000,000 QAR to qualifying SMEs
The amendment incentivises companies to support the local economy in their operations by encouraging government clients to consider bidders’ ICV ratios when evaluating bid prices and ultimately awarding government contracts to successful bidders
The amendment is in line with numerous initiatives aiming to stimulate the non-energy sector of the Qatari economy
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