Grain gains as rice tender hits full mark
The Department of State Reserves has successfully completed the tender process for 200,000 tonnes of rice to be added to this year’s national reserves.
On August 25, 15 regional state reserve departments completed bidding for 171 tender packages totalling 200,000 tonnes, with all contracts awarded
The regional departments carried out the tender opening, evaluation of bid documents and subsequent procedures in line with the Law on Bidding. Contracts with successful bidders were signed, requiring delivery by September 22, thereby completing the contractor selection process and fulfilling 100% of the target assigned by the Prime Minister, in accordance with current laws and regulations.
The rice is expected to be fully stored in the national reserves by October 31.
The General Department of State Reserves stated that, prior to the contractor selection process, it had issued detailed implementation guidelines to assist regional departments with this year’s rice procurement. Based on these instructions, the 15 regional branches published their tender plans, invitations, bidding documents and updated cost estimates on the National Bidding Network System, as required.
Vietnamese companies secure three lots in Indonesia's 500,000-tonne rice tender
Vietnamese businesses have secured three rice lots totalling 85,000 tonnes, representing 17% of Indonesia's massive 500,000-tonne rice tender in October, according to the rice market news site SSRicenews.
